You've dug a hole for the city. We are in over our heads with debt. Stop digging. Lay the shovel down.
Pittsburgh Laurels & Lances - PittsburghLIVE.com: "Lance: To Pittsburgh City Council. This week it adopted Mayor Tom Murphy's plan to refinance $200 million worth of bond debt in a usurious deal that will cost taxpayers about $3 million to net about $6.5 million. Worse, the only alternative offered was a plan proffered by Councilman Doug Shields that actually would have increased the city's already crushing debt load. And Mr. Murphy and these councilors wonder why the public has so little faith in their 'leadership.'
No comments:
Post a Comment