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Lexington Grapples with Federal Economic Shifts | Lexington News
Lexington’s budget committee is sounding the alarm as federal policy shifts threaten local businesses and city finances—tariffs, gas prices, and immigration rules are all taking a toll, even though the city hasn’t lost federal grant money yet. A recent scare in 2025 nearly derailed a major SAMHSA grant, reinstated only after public outcry, raising fears future administrations might weaponize grants for political gain. Meanwhile, July’s financial report shows a troubling gap: revenues at $30.7M, expenses soaring to $43.4M. The committee will also approve June’s meeting summary and explore new…
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