HUD May Experience A 13.2 % Budget Cut

On Wednesday, President Trump released his “America First” 2018 budget blueprint. The president plans to reduce spending in nearly every department, including the Department of Housing and Urban Development, and move the difference into defense spending. HUD specifically will see a $6.2 billion budget cut on 2018, a 13.2 percent decrease from the 2017 annualized CR level.

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