New revenue estimate figures for the District of Columbia released today paint an ever more bleak financial picture for the city. In a letter to the mayor and D.C. Council, District CFO Natwar Gandhi estimated FY2010 revenues are now down an additional $17.7 million, while 2011 looks worse still, with $49.4 million less than originally expected coming into District coffers. more ›

Cigarette taxes are popular with voters, so it's no surprise, as we've mentioned earlier, that the D.C. Council voted Tuesday to include an additional $1 per-pack cigarette tax in the 2009 budget as a means of making up a predicted shortfall. more ›