President Donald Trump’s pause on federal grants and loans has agencies and individuals scrambling as the fallout continues.

Welcome to The Hill’s Business & Economy newsletter{beacon} Business & Economy Business & Economy   The Big Story Some Social Security beneficiaries may have

The Social Security Administration, in an update to its website on Friday, said the department does not currently have the funding to execute the adjustments “in a timely manner and without negatively affecting day-to-day customer service.

It took 40 years for Congress to pass a law to boost Social Security for public workers. Now, SSA says they must wait at least a year for the money.

Social Security beneficiaries who stood to see a boost in payouts as the result of a law approved earlier this month may have to wait a little longer than expected for higher payments. Under

More than 3.2 million people will see increased Social Security benefits, under a new law. However, individuals who are affected may have to wait more than a year before they see the extra money that’s due to them from the Social Security Fairness Act,

Beneficiaries of the new Social Security Fairness Act may have to wait more than one year to receive their increased Social Security benefits. The Social Security Administration (SSA) is pointing to a lack of funding slowing the benefit adjustment and the disbursement of funds to more than a year.

The Social Security Fairness Act promises new benefits for 3.2 million Americans, but a lack of funding and staffing shortages may delay access to these funds for over a year.

Public sector retirees, spouses' or surviving spouses' benefits will be delayed until further notice. The SSA must manually adjust benefits for over 3 million beneficiaries.

The Social Security Administration is working to implement a new law that will increase payments to millions of retirees. The Social Security Fairness Act, signed by President Joe Biden on January 5,