Holy moly. This city is going to be running close to $1 billion deficits in five years.pic.twitter.com/NasRdb2V8C
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what is the way out of this? Crimping on current hiring, spending & more taxes? Anything else? Seems like a big hole.
No easy way. Gotta scrimp on the current to pay off the former. Contractually mandated. http://archives.sfweekly.com/sanfrancisco/let-it-bleed/Content?oid=2179144&showFullText=true …
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