Connect with us

Hi, what are you looking for?

Daily Planning Capabilities – Investing and Stock NewsDaily Planning Capabilities – Investing and Stock News

Latest News

Emmer cheers Trump’s federal aid freeze

DORAL, Florida — The No. 3 House Republican applauded Donald Trump’s sweeping move to freeze federal aid Tuesday morning, calling it a step to shake up the status quo.

Whip Tom Emmer said in a brief interview on the sidelines of the House GOP retreat that Trump’s move — scheduled to take effect at 5 p.m. — signals he’s “doing exactly what he was elected to do.”

“You’re going to see things like this, and your first reaction is going to be, ‘Well, this isn’t the way it’s been done,'” Emmer said. “You need to understand, he was elected to shake up the status quo.”

Trump’s budget office Monday ordered a total freeze on “all federal financial assistance” that could be targeted under his previous executive orders pausing funding for a wide range of priorities — including domestic infrastructure and energy projects that Republicans in competitive House districts fought for.

Emmer, asked what he would tell his GOP members in competitive districts who are now concerned about the freeze, replied: “Get on the team.”

Those vulnerable Republicans were already in for a day of tough, closed-door talks at the retreat over the trillions in spending cuts their colleagues are pushing for to pay for Trump’s vast agenda.

House Republican Policy Chairman Kevin Hern (R-Okla) said in a separate interview that Trump is making clear that “we’re giving aid to people who respect the relationship, not just blanket giving out American taxpayer dollars.”

“It’s about time right? For you, me and the people receiving the grants,” Hern said. “If you’re going to cut taxes and send money back home, then you also need to stop the spigot in Washington, D.C. You can’t do both.”

Enter Your Information Below To Receive Latest News, And Articles.

    Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!

    You May Also Like

    Investing

    Introduction To The Long Put Strategy Options are used by investors to take advantage of a wide range of projections on the state of the...

    Investing

    Introduction Options can provide investors with an extremely versatile tool that can be used to bet on market direction or changes in volatility levels....

    Investing

    In both cases a (usually near the money) option is sold and used to partially fund the purchase of two (or more) out of...

    Investing

    What’s the Difference Between SPX and SPY Options? Dividends Dividends are not normally paid to options holders. However, SPY pays a dividend every quarter. This is...

    Disclaimer: Dailyplanningcapabilities.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.


    Copyright © 2023 Dailyplanningcapabilities.com