Last night D.C. Wire reported that D.C. Chief Financial Officer Natwar Gandhi is now estimating that District government revenue projections for the next two years have fallen by nearly $500 million during the past three months. The news marks the fourth consecutive quarter that Gandhi has announced lower revenue projections. Gandhi scheduled a news conference for today, but in the meantime WTOP’s Mark Segraves was Twittering from this morning’s D.C. Council breakfast, where Gandhi showed up to address members’ concerns. Some highlights, in 140 characters or less: “In 2010 after using stimulus money DC still left with 425 million shortfall,” … “Gandhi says bank loan freeze means huge loss in Deed taxes,” … “Appeals on commercial real property assesmenst are skyrocketing says Gandhi ‘costing the city a lot of money,'” … “Evans and Gray are expressing extreem displeasure that the council is not invited to stimulus meetings with CFO and Mayors office.” Look forward to lots more grim stories about spending cuts over the next month.