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Federal reconciliation and rescission debates create uncertain funding outlook for cities
Summary
Staff reported that federal reconciliation negotiations and a White House rescission request create uncertainty for programs cities rely on, with potential cuts to Medicaid, HUD programs, and international aid under consideration.
Lauren Olsen briefed the committee on federal budget processes and flagged reconciliation and rescission tools that could affect local programs.
Lauren Olsen, Senior Government Relations representative, told the committee that the major federal budget topic is reconciliation, a process that can change revenues and mandatory spending subject to Senate rules. Olsen said timelines were fluid: the administration had hoped to complete reconciliation by July 4 but that deadline looked less likely;…
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