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Tuesday, March 11, 2025

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Congress strips $1.1 billion from DC budget as punishment

EconomyLocal Issues& 1 more

Congress passed a stopgap spending bill that froze Washington D.C.'s fiscal year 2025 budget at 2024 levels, stripping $1.1 billion from the city's general fund according to the Congressional Record. Initial unemployment claims in D.C. jumped 36% to 1,780 two weeks later as federal workers and contractors filed benefits, even as nationwide claims fell 3% to 213,000. The budget freeze punishes the district while federal agencies maintain their funding levels.

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