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Nothing Left But Bone

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The city's facing a budget deficit of $500 million next year, but adding to the pain will be a likely drop in property taxes. Those taxes are pegged to the consumer price index, which is expected to drop this year, meaning lower property taxes for everyone, and a city scrambling to cut basically everything. Or, as the supes prez said, "We don't have anything to cut but bone." [SF Examiner]