January 28, 2025
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1:44Now PlayingPresident Donald Trump’s federal funding pause threatens more than $1 trillion that flows to states, cities and other local governments, putting everything from transit infrastructure to housing projects at risk. #trump #politics #worldnews
Trump’s acting budget director issued a memo directing all agencies to temporarily halt federal financial assistance while the government reviews if the spending complies with an onslaught of recent executive orders. It’s an unprecedented step that is likely to ripple across the country because states, cities and jurisdictions like school districts rely on the federal government for significant amounts of cash.
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