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It’s unclear what will happen to a large number of tax credits and deductions that were included in the first release of OMB instructions.

Trump funding freeze flounders, ICC sanctions bill stalled

The Office of Management and Budget’s funding freeze was scheduled to go into effect at 5 p.m. today. And a federal judge has already temporarily blocked it.

Biden-appointed Judge Loren AliKhan of the U.S. District Court for the District of Columbia stopped the freeze just minutes before it was set to begin, the Associated Press reported. The administrative stay will last until Monday.

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Presented by Jones Family Office

We need vigorous debate—at the highest levels of government, in corporate boardrooms, and in society at large—about what “AI for good” looks like. The first signs of the societal disruptions of AI are already here. We need to do AI right and strike the moratorium on regulation from the BBB.

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