Tuesday, July 7, 2015

Nutter Says Stimulus Money Won't Solve City Budget Gap

If the stimulus package becomes a reality, Philadelphia seems poised to get a cut of the funding for key priorities like schools, transit and housing. But Mayor Nutter stressed tonight that stimulus money will not help him close the $1 billion shortfall in his five year plan.

Nutter Says Stimulus Money Won't Solve City Budget Gap

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If the stimulus package becomes a reality, Philadelphia seems poised to get a cut of the funding for key priorities like schools, transit and housing. But Mayor Nutter stressed tonight that stimulus money will not help him close the $1 billion shortfall in his five year plan.


“These dollars are not to fill budget holes. Everyone has made that very clear,” Nutter said tonight. “The theory here is when more people are working, they’re paying taxes. Then tax revenues will flow and those dollars will come back to Philadelphia.”


Nutter, who spent the day in Washington DC today to meet with lawmakers about the stimulus package, said he was optimistic about Philadelphia’s fate under the stimulus deal, but didn’t yet know exactly what programs will get funding – or by how much.
 

"There are lot of programs, there are numerous ways to access the dollars. Are we applying the state, are we applying to the federal government," Nutter said. "I am very optimistic that Philadelphia will be a beneficiary of the stimulus package, we just don’t know when or how much."
 

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William Bender, a Drexel graduate who landed at the Daily News in 2007, has covered everything from South Philly mobsters to doomsday hucksters. He occasionally writes about local food trucks and always eats everything on his plate, whether it be a bloody rib eye or a corrupt politician. E-mail tips to benderw@phillynews.com
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David Gambacorta, has been a reporter with the Daily News since 2005, covering crime, police corruption and all of the other bizarre things that happen in Philadelphia. Now he’s covering the 2015 mayor’s race, because he enjoys a good circus just as much as the next guy. He’s always looking to get a cup of coffee. Send news tips and other musings on life to gambacd@phillynews.com
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