Money is paid back into the revolving loan fund. The state makes new loans to other recipients for high priority water quality activities. This budget proposes $305 million total for two revolving funds. An $852 million or 74% cut from the $1.2 billion enacted in 2026. This is under the guise of, quote, encouraging states to take responsibility for local water infrastructure projects. End quote. Quite the encouragement. Overnight, states face massive cuts to their budget. (09:51–10:05)
CLAIM
Asserts that the proposed budget cuts $852 million or 74% from the 2026 enacted amount for revolving funds.
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