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Federal budget battles, potential HUD cuts and Moody’s downgrade flagged in Kent County update
Summary
County presenters warned Kent County officials that House reconciliation proposals and the administration’s budget could cut HUD community programs and add to federal debt, potentially affecting county grants and services; timing remains uncertain ahead of summer deadlines.
Steve (staff member) and Charlie (staff member) updated the Kent County Board of Commissioners on federal budget activity and possible program cuts that could affect county funding.
At a May meeting, presenters summarized three parallel budget processes they are tracking: the administration’s “skinny” budget request, a House reconciliation package, and a rescission process seeking to claw back unspent funds. "I wish I could report that everything is running smoothly here in your nation's capital," Steve said, adding that the new administration’s actions have been unpredictable and that budget figures have changed during committee markups.
The presenters highlighted proposals that would reduce or eliminate longstanding U.S. Department of Housing and Urban Development programs including…
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