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The program is jointly funded by states and the federal government. States first cover the upfront cost and then are reimbursed by the federal government for part of that cost — at least 50% ...
The freeze does not apply to all federal financial assistance, according to an Office of Management and Budget (OMB) memo Tuesday outlining what kinds of funding the freeze covers.
The OMB memo sent out Monday evening said the funding review would be related to "activities that may be implicated by the executive orders, including, but not limited to, financial assistance for ...
States on average receive about 30% of their revenues from the federal government, according to Federal Funds Information for States, a nonprofit that analyzes the affect of federal actions on states. Although the federal government has rescinded unspent funds in the past, it hasn’t normally halted grants on the front-end, said Marcia Howard ...
In the United States, federal assistance, also known as federal aid, federal benefits, or federal funds, is defined as any federal program, project, service, or activity provided by the federal government that directly assists domestic governments, organizations, or individuals in the areas of education, health, public safety, public welfare, and public works, among others.
A federal grant is an award of financial assistance from a federal agency to a recipient to carry out a public purpose of support or stimulation authorized by a law of the United States. Grants are federal assistance to individuals, benefits or entitlements. A grant is not used to acquire property or services for the federal government's direct ...
A Federal grant is a: "...legal instrument reflecting the relationship between the United States Government and a State, a local government, or other entity when 1) the principal purpose of the relationship is to transfer a thing of value to the State or local government or other recipient to carry out a public purpose of support or stimulation ...
An assessment of state-level inflows and outflows of federal funds finds red states are being propped up by blue states.