We collect cookies to analyze our website traffic and performance; we never collect any personal data.Cookies Policy
Accept
Michigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
Reading: Is Trump Defunding The VA? | Economics
Share
Font ResizerAa
Michigan PostMichigan Post
Search
  • Home
  • Trending
  • Michigan
  • World
  • Politics
  • Top Story
  • Business
    • Business
    • Economics
    • Real Estate
    • Startups
    • Autos
    • Crypto & Web 3
  • Tech
  • Lifestyle
    • Lifestyle
    • Food
    • Beauty
    • Art & Books
  • Health
  • Sports
  • Entertainment
  • Education
© 2024 | The Michigan Post | All Rights Reserved.
Michigan Post > Blog > Economics > Is Trump Defunding The VA? | Economics
Economics

Is Trump Defunding The VA? | Economics

By Editorial Board Published March 12, 2025 3 Min Read
Share
Is Trump Defunding The VA? | Economics

Veterans Affairs Secretary Doug Collins introduced that his division saved $900 million after viewing a mere 2% of presidency contracts. There are unfounded fears that the Trump Administration will minimize veteran advantages or well being care. As a substitute, these measures will present the federal government with extra help for our veterans by eliminating authorities waste.

The VA outsources most of its work to contractors, lots of whom have been charging prime greenback for his or her providers. There are at present over 90,000 contracts in place by the VA price over $67 billion. As a substitute of managing or reviewing the present contracts, the previous administration continued to problem extra. Terminating 585 contracts, a mere 1% of whole energetic contracts, eradicated $900 million in waste that can be directed to American veterans. Secretary Collins famous that the canceled contracts have been both duplicative agreements or non-mission-critical.

The division should nonetheless rent for over 300,000 mission-critical roles, however these positions will fulfill a direct function. “The days of kicking the can down the road and measuring VA’s progress by how much money it spends and how many people it employs, rather than how many veterans it helps, are over,” Collins stated. The division will transition to a brand new digital contract administration system, and contracts can be evaluated extra intently by a newly fashioned contract overview board. Merely put, the VA has been overspending as a result of it had no method to handle former contracts.

Veterans Affairs requires an enormous quantity of funding. The division set a funds of $369.3 billion for FY2025, a virtually a ten% enhance from the 12 months prior. The company requires $134 billion in discretionary funding for well being care, advantages, and cemeteries. They want to inject one other $253.3 billion into obligatory profit program funding, and put one other $191.1 billion towards compensation and pensions for six.9 million veterans. The Value of Struggle Poisonous Exposers Fund (TEF) alone requires $24.5 billion. One other $192.1 billion will go towards training and job coaching for 1.1 million veterans and certified dependents.

It’s paramount for America to maintain its veterans. Don’t consider the lies instructed on legacy media packages that Trump needs to defund the VA and take away advantages from our veterans. Auditing measures may have the alternative impact and allow the federal government to fund important packages for our veterans slightly than paying contractors for nonessential or pointless work.

TAGGED:ArmstrongDefundingEconomicsTrump
Share This Article
Facebook Twitter Email Copy Link Print

HOT NEWS

Establishments Reducing Actual Property Purchases | Economics

Establishments Reducing Actual Property Purchases | Economics

Economics
July 22, 2025
The wealth tax choices Reeves may take to ease her fiscal bind

The wealth tax choices Reeves may take to ease her fiscal bind

Confronted with a difficult set of numbers, the chancellor is having to make tough decisions…

July 22, 2025
Strain grows to depart ‘mad’ Aarhus Conference used to dam UK constructing tasks

Strain grows to depart ‘mad’ Aarhus Conference used to dam UK constructing tasks

Strain is rising to renegotiate or depart a world conference blamed for slowing constructing tasks…

July 22, 2025
Lansing police chief worries about retaliation after violent weekend

Lansing police chief worries about retaliation after violent weekend

LANSING, Mich. (WLNS) -- A violent weekend within the capital metropolis, with 4 separate shootings,…

July 22, 2025
May your summer time vacation be greener? Authorities invests £63m into extra sustainable forms of jet gasoline

May your summer time vacation be greener? Authorities invests £63m into extra sustainable forms of jet gasoline

The federal government is investing £63m in new forms of jet gasoline that it hopes…

July 22, 2025

YOU MAY ALSO LIKE

Market Discuss – July 21, 2025 | Economics

ASIA: The most important Asian inventory markets had a blended day at the moment: • NIKKEI 225 closed • Shanghai…

Economics
July 21, 2025

Commerce conflict: Is August escalation on – or will Trump hen out?

Donald Trump is clearly seething over the time period 'TACO' (Trump all the time chickens out) - a phrase that…

Business
July 21, 2025

It’s Monday morning — Saylor and Trump purchased $2.7B BTC

This morning, Donald Trump’s Trump Media and Expertise Group (DJT) and Michael Saylor’s MicroStrategy (MSTR) introduced company purchases exceeding $2.7…

Crypto & Web 3
July 21, 2025

The GENIUS Act & Steady Cash – A Repeat Of 1863? Debt Disaster? | Economics

  The period of stablecoin issuance in the USA and U.S. Senator Invoice Hagerty’s GENIUS Act (Guiding and Establishing Nationwide…

Economics
July 21, 2025

Welcome to Michigan Post, an esteemed publication of the Enspirers News Group. As a beacon of excellence in journalism, Michigan Post is committed to delivering unfiltered and comprehensive news coverage on World News, Politics, Business, Tech, and beyond.

Company

  • About Us
  • Newsroom Policies & Standards
  • Diversity & Inclusion
  • Careers
  • Media & Community Relations
  • Accessibility Statement

Contact Us

  • Contact Us
  • Contact Customer Care
  • Advertise
  • Licensing & Syndication
  • Request a Correction
  • Contact the Newsroom
  • Send a News Tip
  • Report a Vulnerability

Term of Use

  • Digital Products Terms of Sale
  • Terms of Service
  • Privacy Policy
  • Cookie Settings
  • Submissions & Discussion Policy
  • RSS Terms of Service
  • Ad Choices

© 2024 | The Michigan Post | All Rights Reserved

Welcome Back!

Sign in to your account

Lost your password?