.... The combination of lower-than-expected tax collections and increasing payments on the T's $8.1 billion debt have hurt the authority's efforts to escape a cycle of deficits....
Its debt payment will increase in the next fiscal year by $77.5 million, the biggest single factor in the looming deficit....
That's right! You are PAYING OFF BANKS!!!
Grabauskas said he will forgo an increase in his $255,000 salary....
How about a cut like everyone else?
