It’s that time of year, but it’s no holiday party in most city budget meetings. Cities across the continent are looking for ways to make ends meet. A quick survey turns up some sobering city deficits: New York $4.4 billion, Toronto $225 million, Washington DC $188 million, Houston $120 million, L.A. $87 million, San Diego $72 million, Cleveland $28 million. States are worse still: California $6 billion, Illinois $15 billion, Arizona $1.5 billion. Those are some major gaps to fill, before we make it to the federal level.