Trump orders to paralyze federal subsidies and loans

The president of the United States, Donald Trump, has ordered on Tuesday to paralyze all subsidies, federal loans and other financial assistance programs to a new measure aimed at enforcing their conservative schedule for spending reduction.

The Management and Budget Management of the White House, Matthew Vaeth, has indicated an internal statement that federal agencies “must temporarily suspend activities related to the disbursement of all federal financial assistance.”

“The use of federal resources to promote Marxist equity, transgenderity and social engineering policies of the new green pact is a waste of money from taxpayers that does not improve the daily life of those we serve,” says the writing, collected For the CNN chain.

This temporary pause, which will enter into force at 5:00 p.m. (local time), will give the new administration time to review all subsidies granted in order to be aligned with the executive orders recently driven by Trump, which has undertaken an extensive plan to limit federal expenditure.

The brief affirms that the Pause will not affect the Social Security, the Medicare Health Program or assistance to specific individuals, although it leaves in the air many funds already approved by the US Congress during the stage of its predecessor, Joe Biden.

The measure announced by Trump has caused a stir in the United States, since it could affect not only subsidies to state programs related to energy transition, disasters or housing, but also to loans to US companies.

In fact, the leader of the Democratic minority in the Senate, Chuck Schumer, recalled that Congress has already approved investments and that the measure promoted by Trump will affect all types of subsidies granted by the federal government, from universities to beneficial organizations.

The New York Attorney General, Letitia James, has already announced that “will undertake legal actions” in the face of the interruption of federal subsidies and loans. “We will not stay with crossed arms while this administration damages our families,” he said in a message posted on social networks.

This occurs after the State Department announced last week the freezing of funds to help exterior, with the exception of Israel and Egypt, which not only affects development assistance but also military aid.

Trump has also signed a series of executive orders, such as the elimination of programs for diversity, equity and inclusion (DEI) by considering that these actions “undermine” meritocracy and “the consciences of the Americans when participating in racial and sexual discrimination. ”

By Editor

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