[A_perfect_lady]

I am bathing in schadenfreude right now...

[Dilbert San Diego]

Aren’t we going to see shortfalls for ALL governmental entities, due to the economic downturn? All cities, towns, townships, school districts, county governments, state governments, in some states special taxing districts, in some states, toll road authorities......The list is endless.

Due to the economic slowdown, tax revenue which all of these various entities counted on will simply not be there.

And with most governmental entities outside of the federal government, required to balance their budgets, financial hardship will happen. And hard choices, as Hillary might say, will have to be made.