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International Business Times UK
International Business Times UK
Business
Niloy Chakrabarti

Medicaid Portal Goes Dark After Trump's Federal Funding Freeze Directive

Medicare and Social Security are exempt from the Executive Order. (Credit: AFP News)

US President Donald Trump's funding freeze order released by the White House Office of Management and Budget (OMB) stated it would halt billions of dollars in domestic and foreign aid as part of the billionaire Republican's agenda.

In a memo released Monday night, OMB acting director Matthew J. Vaeth said the funding freeze would go into effect at 5 p.m. ET on 28th January. The memo directed all federal agencies to "temporarily pause all activities related to obligation or disbursement of all federal financial assistance" that might not align with Trump's agenda.

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