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On January 27, 2025, memo M-25-13 was released by Matthew J. Vaeth – acting director for the Office of Management and Budget (OMB). [1] [2] The memo said that the federal government of the United States in fiscal year 2024 spent over $3 trillion in federal "financial assistance, such as grants and loans", criticized the usage of "resources to advance Marxist equity, transgenderism, and ...
Federal judge temporarily blocks funding freeze after memo ordered: ‘Financial assistance for foreign aid, nongovernmental organizations, DEI, woke gender ideology, and the Green New Deal”
There are loans for farm storage, grants to ensure safe drinking water, funding to implement pool and spa safety laws, money for suicide prevention for veterans, and grants for AmeriCorps programs ...
Money appropriated for one purpose cannot be used for a different purpose, according to the Purpose Act (31 U.S.C. § 1301). [13] The annual DoD appropriations acts include approximately 100 different appropriations (known as "colors of money"), and by this rule operations and maintenance (O&M) funds may not be used to buy weapons.
The legislation will also allow the US Treasury Department to recoup money from any settlements related to the bridge’s collapse to help pay for the rebuilding. ... in the government funding ...
Since 1976, when the United States budget process was revised by the Budget Act of 1974 [1] the United States Federal Government has had funding gaps on 22 occasions. [2] [3] [4] Funding gaps did not lead to government shutdowns prior to 1980, when President Jimmy Carter requested opinions from Attorney General Benjamin Civiletti on funding gaps and the Antideficiency Act.
In the United States, federal grants are economic aid issued by the United States government out of the general federal revenue. 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.
House Speaker Mike Johnson unveiled a spending bill Sunday that will avert a government shutdown if it is passed by both the House and Senate before funding runs out on September 30.