Trump’s Funding Freeze Raises a New Question: Is the Government’s Word Good? Companies that get federal grants or loans usually sign a legally binding agreement and depend on getting reimbursed. The new administration has upended that expectation.

https://www.nytimes.com/2025/02/14/climate/trumps-funding-freeze-raises-a-new-question-is-the-governments-word-good.html?unlocked_article_code=1.w04.RYGx.m-lmty-7tB72

by silence7

14 comments

  1. Quick. DC needs more lawyers. I can’t imagine how this is legal.

  3. Remember.

    The only thing giving the US dollar any value at all is:

    “The good faith and credit of the US government”

  4. This is literally how he does business. It usually doesn’t work well for him either.

  7. And no country, will ever, EVER, be able to trust the US again. It’s a fools errand if you do, because the next guy will potentially come in and tear it all down, or violate a trade agreement he alone negotiated and said was the best trade deal ever.

    For the climate, for everything, this government spells the end of many things. ANd they are just getting started.

  8. wait until he finds out that the government can and will be taken to court for breech of contract with fines. 

  9. Exactly. I cannot get my head around how the larger business community is putting up with this. The most bankable contract in the world was a US govt contract until 3 weeks ago.

  10. Trump doesn’t pay his bills. We already know that. Now that he’s president, the USA doesn’t pay its bills. Shocked I tell you.

  11. So the folks who never trusted the government are making sure no one ever trusts the government. Got it.

  13. Trump is the criminal. How many small businesses has he not paid? The loser has been sued over 3,000x. Trump is a con artist. Only gullible fools trust a con arist.

  14. Well, if you’re ultimate goal is to burn everything down, the answer is no.

Comments are closed.