January 30, 2025
"Spent money like drunk sailors": White House explained the freezing of funding for help programs thumbnail
Business

“Spent money like drunk sailors”: White House explained the freezing of funding for help programs

Livitt noted that the decision to suspend financing is a “very responsible step”.”, – WRITE: www.unian.ua

Livitt noted that the decision to suspend financing is a “very responsible step”.

Caroline Livitt commented on the freezing of federal funding of projects / frame with videoCaroline Livitt commented on the freezing of federal funding of projects / frame with videoThe decision of the US Presidential Administration Donald Trump to freeze federal financing for different grants and loans is a temporary measure necessary to check how the funds are spent. This statement was made by the White House Prescribe Caroline Libitt.

“This is a temporary pause. Budgetary management is reviewing the federal funding that has been allocated. […] Over the past four years, we have seen Baiden’s administration spent money like drunken sailors. This is one of the reasons why we had an inflationary crisis, “she said during a briefing.

Livitt noted that the decision to suspend financing is a “very responsible step”:

“This administration is obliged to make sure that every penny will be honestly calculated,” she added.

At the same time, Libitt stressed that social assistance to Americans, medical care, nutrition assistance, help provided directly to people will not be suspended.

Suspension Financing for US Assistance ProgramsThe White House stopped paying all federal grants and loans, and the new US President Donald Trump team initiated a major check of internal budget expenditures.

Earlier, Trump stopped 90 days of funding for assistance programs to other countries – in particular, under the auspices of the USAID program, which implements several projects in Ukraine.

The deputy head of the Presidential Office Irina Vereshchuk, commenting on this situation, stated that suspension of USAID funding could not but be confused, but it is “not the first and not the last test we have to overcome.” She added that in the near future, subject consultations with American partners will begin in order to continue the financing of humanitarian response in Ukraine.

You may also be interested in news:

  • Russian delegation arrived in Syria for the first time after the fall of Assad regime
  • Pentagon’s head stopped the conclusion of new army contracts – Bloomberg
  • Illegitimate: Putin stated that Zelensky has no right to sign a peace treaty

Related posts

Booking, processing, loans, eOselya: how to save the economy of Ukraine in 2025?

business ua

Remission on the foreign exchange market: an expert told what to expect from the dollar in February

unian ua

Millions of unemployed and a bunch of vacancies: the expert explained that not so much with the labor market in Ukraine

unian ua

Leave a Comment

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More