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DC mayor seeks business-friendly policies to spark growth amid loss of up to 40,000 federal jobs

  • Mayor Muriel Bowser unveiled the proposed $21.8 billion FY-2026 budget for Washington, D.C., on May 28, 2025, focusing on economic growth and recovery.
  • The budget follows Congress cutting $410 million in local tax funding and the expected loss of up to 40,000 federal jobs over four years, reducing city revenues by about $1 billion.
  • To address these challenges, the budget includes a hiring freeze saving $63 million, avoids layoffs or facility closures, and allocates funds toward education, affordable housing, and stadium redevelopment.
  • Bowser stated the Grow DC budget is a 'growth agenda' with 'bold, forward-thinking solutions' to sustain services amid a forecasted mild recession and delayed sales tax increases.
  • The budget’s approval by the D.C. Council remains uncertain amid delays and criticism, while city leaders push for revitalizing the RFK Stadium and attracting the Washington Commanders by 2030.
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Washington Top News broke the news in Washington, United States on Monday, May 26, 2025.
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