About Todd DeFeo
447 Articles
Todd DeFeo loves to travel anywhere, anytime, taking pictures and notes. An award-winning reporter, Todd revels in the experience and the fact that every place has a story to tell. He is owner of The DeFeo Groupe and also edits Express Telegraph and The Travel Trolley.
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MARTA: New Economic Forecast Predicts Worsening Budget Crisis
ATLANTA — The latest economic forecast issued in December 2008 for MARTA by the Georgia State Economic Forecasting Center predicts a further worsening of its current fiscal crisis by an additional $10 million, the transit agency said. The forecast also predicts MARTA will experience a cumulative loss of more than $1.2 billion in sales tax revenue over the next ten years – that is up an additional $588 million from its fall 2008 report. “This latest forecast truly underscores the magnitude and severity of the economic times that we are currently dealing with,” said Beverly A. Scott, MARTA General Manager