Washington, D.C.‘s chief financial officer predicted a looming $1 billion budget shortfall over the next four years, which it blamed on the Trump administration’s federal workforce reductions.
A disproportionate amount of the district’s population is employed by the federal government, making it one of the most affected areas by the Department of Government Efficiency’s personnel cuts. In a letter to Mayor Muriel Bowser, CFO Glen Lee projected a dire financial situation resulting from the cuts. He estimated that the city would lose 40,000 federal jobs over the next three years.
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