Hacker Newsnew | past | comments | ask | show | jobs | submitlogin

> not all outgoing money has been frozen, idk how this rumor got started, it’s very specific and generally just foreign aid

No, that's absolutely not true. My partner is the accounting manager for a university. All their access to federal funding was turned off for a couple of days, and several grants (which they could draw from and get overnight) have not shown up in several weeks (specifically there are some that even remotely hint at DEI, that the university now expects will never be fulfilled).

It's not just "foreign aid".



I said `generally` not `exclusively` and you are selecting one very specific application of funding to generalize against all federal funding.

I literally analyze this stuff for work, there is barely a 3-5% contraction in spending.

This is such an insane rumor too because it takes 10 seconds to disprove it: https://www.usaspending.gov/search/?hash=8980ee6820c47f96a19...


Given that education funding dwarfs foreign aid and is affected, it would seem inaccurate to label it as "generally foreign aid".

The other point is just because a contract or award is on usaspending.gov doesn't mean the funds are flowing - that was my point, my partner's school has many awards that previously they could draw from at will, and receive money overnight. They've attempted to draw from many of them now, and the funds just ... aren't being transferred.

That was part of the furore, "we have agreements and obligations in place and you're just refusing to fund them", it's not about the existence of the awards in the first place.




Guidelines | FAQ | Lists | API | Security | Legal | Apply to YC | Contact

Search: