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Mayors Worry Looming Federal Cuts Could Deal Heavy Blow to City Budgets
Route Fifty: WASHINGTON — After meeting with congressional leaders Thursday, mayors expressed unease over the possibility federal dollars going to cities could get crimped as President Trump seeks to increase funding for defense and security while slashing other spending.
Mayors visiting the nation’s capital said members of Congress they met with did seem supportive of preserving a tax exemption for municipal bonds—a priority for state and local governments.
But New Orleans Mayor Mitch Landrieu said there’s “general concern” that the ways the Trump administration will seek to pay for new spending will eat into federal dollars cities depend on.
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