Tuesday, January 28, 2025

ITP V.025 WORLD APOCALYPSE: TRUMP FREEZES FEDERAL LOANS and GRANTS

 

 

 

 

 Newly elected U.S.A. President DONALD TRUMP has put a freeze on FEDERAL LOANS and GRANTS. 

 

 ITP V.025 EDITORS NOTE: This could be devastating to millions of Americans that count on these programs.

 

 May be an image of 1 person and text that says 'POLITICO POLITICO @politico Trump administration orders sweeping freeze of all federal aid Karen Piper @Piperk Today 42 million Americans might not be able to buy food after Trump Trump shuts down SNAP payments at 5:00 p.m. Students will have to drop out of college if they don't get their student student loans.'

 

FROM HUFFINGTON POST: 

https://www.huffpost.com/entry/donald-trump-grants-loans-freeze_n_67984689e4b00dc186534c4f?d_id=8659356&ncid_tag=fcbklnkushpmg00000013&utm_medium=Social&utm_source=Facebook&utm_campaign=us_politics&fbclid=IwY2xjawIFt8hleHRuA2FlbQIxMQABHR2UdGg7ZdK5NcXZvcUBP8NQoo_Oq-TD28qemRPHd2jOU8DNmqRiioT1Sg_aem_6xWW7BvYWqPAFLmsMdxlEg 

Democrats warned that Trump’s latest order could harm programs used by millions of Americans, including early childhood programs, and food and rent assistance.

 FROM ROBERT REICH: 

Late last night, Donald Trump's White House budget office ordered a pause in grants, loans, and other federal financial assistance. Experts say that the memo as written could mean a rapid halt to scores of federal functions already approved by Congress— from assistance to homeless shelters to financial aid for college students. Health grants distributed by the CDC, and state aid for disaster reconstruction, might also face delays.
This is arguably Trump's most brazen move yet since returning to office. The move also closely mimics plans laid out in the deeply unpopular Project 2025, which Trump tried desperately to distance himself from during his campaign. The mastermind behind the strategy is a key Project 2025 author and Trump's nominee to lead the Office of Management and Budget, Russell Vought. (He has yet to be confirmed — and if the Senate cares about congressional authority and checks and balances, it will vote him down.) Vought wants to resurrect the practice of withholding congressionally appropriated funds known as impoundment, which violates federal law and Supreme Court precedent. Legal challenges have already been filed by a coalition of states, and I'll try to keep you updated as they snake their way through the courts.
The bigger picture? This may seem like Trump just sowing more chaos and dysfunction as we've grown accustomed to, but it's deeper than that. It's all part of Trump’s plan to consolidate power — substituting loyalists for experts across the government, using retribution to intimidate others, purging the government’s independent inspectors general, giving the Defense Department more authority over civilian life (and putting a raving loyalist in charge), giving Elon Musk authority to cut spending and roll back regulations, and readying a massive tax cut for the wealthy and big corporations. Trump is leading a move to replace democracy with a government dominated by authoritarian oligarchs.
What are your thoughts?

  VIDEO BELOW: ( TRUMP FREEZES FEDERAL LOANS and GRANTS VIA YOU TUBE, COURTESY OF ABC NEWS):  

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