💰House slashes $1.1B from DC budget

On March 11, 2025, Congress passed a stopgap spending bill that froze Washington, D.C.’s fiscal year 2025 budget at 2024 levels, effectively stripping $1.1 billion from the city’s general fund, according to the Congressional Record (H1083)(congress.gov). Two weeks earlier, initial unemployment claims in D.C. jumped 36% to 1,780 for the week ending February 8, 2025, as federal workers and contractors filed benefits, even as nationwide claims fell 3% to 213,000 for that same week, per U.S. Department of Labor and Associated Press reporting(cnbc.com)(apnews.com).