Close Menu
Fund Focus News
    Facebook X (Twitter) Instagram
    Trending
    • Check latest update on Mutual Funds from SEBI Chairman Tuhin Kanta Pandey; to be implemented from Nov 1 | What he said
    • Mutual fund direct plans to become default on AMC apps from November 1
    • Professionals’ Financial – Mutual Funds Inc. announces a change to the management of FDP Canadian Equity Portfolio
    • Savings Bonds Let You Defer Federal Tax Until You Cash Them. Here’s When That Helps.
    • Martin Lewis ‘anything above’ rule for when Premium Bonds are ‘decent value’
    • Mutual fund industry must shift from access to investor outcomes: Experts | BS Events
    • Jio IPO: Which mutual funds bet big, and where did your SIP money go?
    • Mutual fund returns dip? Here’s why experts say don’t switch in a hurry
    Facebook X (Twitter) Instagram
    Fund Focus News
    • Home
    • Bonds
    • ETFs
    • Funds
    • Investments
    • Mutual Funds
    • Property Investments
    • SIP
    Fund Focus News
    Home»Funds»Trump directs the Pentagon to use ‘all available funds’ to ensure troops are paid despite shutdown
    Funds

    Trump directs the Pentagon to use ‘all available funds’ to ensure troops are paid despite shutdown

    October 11, 2025


    US President Donald Trump (left) and Secretary of Defense Pete Hegseth attend a Cabinet meeting in Washington, Thursday. (AFP-Yonhap)
    US President Donald Trump (left) and Secretary of Defense Pete Hegseth attend a Cabinet meeting in Washington, Thursday. (AFP-Yonhap)

    WASHINGTON (AP) — President Donald Trump said Saturday that he has directed the Defense Department to use “all available funds” to ensure US troops are paid Wednesday despite the government shutdown, a short-term fix that will not apply to the hundreds of thousands of federal workers who have been furloughed.

    Trump said in a social media post that he was acting because “our Brave Troops will miss the paychecks they are rightfully due on (Oct. 15).” The Republican president’s directive removes one of the pressure points that could have forced Congress into action, likely ensuring that the shutdown — now in its 11th day and counting — extends into a third week and possibly beyond.

    But no similar action seems forthcoming for federal employees also working without pay while thousands are now being laid off during the lapse in government operations. The White House budget office started the layoffs on Friday.

    Trump blamed Democrats and said he was exercising his authority as commander in chief to direct Defense Secretary Pete Hegseth “to use all available funds to get our Troops PAID on Oct. 15.”

    The Republican president added, “We have identified funds to do this, and Secretary Hegseth will use them to PAY OUR TROOPS.” USservice members were in danger of not receiving their next paycheck on Wednesday after the government shut down on Oct. 1, the start of the federal budget cycle.

    The US has about 1.3 million active-duty service members, and the prospect of troops going without pay has been a focal point when lawmakers on Capitol Hill have discussed the shutdown’s negative impact.

    Trump did not say where he’s getting the money, but a spokesperson for the White House Office of Management and Budget said Pentagon research and development funds would be tapped.

    The Pentagon said it identified about $8 billion of unobligated research development testing and evaluation funds from the last fiscal year that will be used to issue the mid-month paychecks, “in the event the funding lapse continues past Oct. 15.”

    Federal workers typically receive back pay after a shutdown ends, as now required by a law that Trump signed during his first term. He recently floated the idea of not making up the lost salaries.

    It was unclear if the president’s directive applies to the US Coast Guard, which is a branch of the US Armed Forces but is overseen by the Department of Homeland Security during peacetime.

    The nation’s third shutdown in 12 years has again raised anxiety levels among service members and their families as those in uniform are working without pay. While they would receive back pay once the impasse ends, many military families live paycheck to paycheck.

    During previous shutdowns, Congress passed legislation to ensure that troops kept earning their salaries, but discussion of taking a similar step by lawmakers appeared to have fizzled out.

    Asked if he would support a bill to pay the troops, Trump said, “that probably will happen.” “We’ll take care of it,” he said Wednesday. “Our military is always going to be taken care of.”

    The shutdown began on Oct. 1 after Democrats rejected a short-term funding fix and demanded that the bill include an extension of federal subsidies for health insurance under the Affordable Care Act.

    The expiration of those subsidies at the end of the year will result in monthly cost increases for millions of people.

    Trump and Republican leaders have said they are open to negotiations on the health subsidies, but insist the government must reopen first.

    Both sides appear dug in on their positions, making it unclear when, or how, the shutdown ends.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Telegram Email

    Related Posts

    Pension funds around the world face an ageing crisis

    October 25, 2026

    Dutch pension funds stop Brussels from steering members’ savings into European startups

    October 25, 2026

    Contra funds hold up, see recovery potential – Money News

    October 23, 2026
    Leave A Reply Cancel Reply

    Top Posts

    Check latest update on Mutual Funds from SEBI Chairman Tuhin Kanta Pandey; to be implemented from Nov 1 | What he said

    October 29, 2026

    Savings Bonds Let You Defer Federal Tax Until You Cash Them. Here’s When That Helps.

    October 29, 2026

    Martin Lewis ‘anything above’ rule for when Premium Bonds are ‘decent value’

    October 29, 2026

    Mutual fund direct plans to become default on AMC apps from November 1

    October 29, 2026
    Don't Miss
    Mutual Funds

    Check latest update on Mutual Funds from SEBI Chairman Tuhin Kanta Pandey; to be implemented from Nov 1 | What he said

    October 29, 2026

    LivemintFor about a decade, Livemint—News Desk has been a credible source for authentic and timely…

    Mutual fund direct plans to become default on AMC apps from November 1

    October 29, 2026

    Professionals’ Financial – Mutual Funds Inc. announces a change to the management of FDP Canadian Equity Portfolio

    October 29, 2026

    Savings Bonds Let You Defer Federal Tax Until You Cash Them. Here’s When That Helps.

    October 29, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    • YouTube
    • Vimeo
    EDITOR'S PICK

    Mutual Fund Assets Triple in Three Years on Strong Domestic Inflows TechJuice

    January 16, 2026

    Are Your Bonds Green, Social or Sustainable? And Climate Resilient Too?

    October 21, 2024

    Smart Investments in Your 20s for a Worry-Free 60s-Telangana Today

    May 7, 2025
    Our Picks

    Check latest update on Mutual Funds from SEBI Chairman Tuhin Kanta Pandey; to be implemented from Nov 1 | What he said

    October 29, 2026

    Mutual fund direct plans to become default on AMC apps from November 1

    October 29, 2026

    Professionals’ Financial – Mutual Funds Inc. announces a change to the management of FDP Canadian Equity Portfolio

    October 29, 2026
    Most Popular

    🔥Juve target Chukwuemeka, Inter raise funds, Elmas bid in play 🤑

    August 20, 2025

    💵 Libra responds after Flamengo takes legal action and ‘freezes’ funds

    September 26, 2025

    🇮🇸 CPP Investments and Equinix complete atNorth acquisition to support growth of leading Nordic data center platform

    September 1, 2026
    © 2026 Fund Focus News
    • Get In Touch
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.