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Friday, October 17, 2008


The Phillies victory Wednesday over the Los Angeles Dodgers in the National League Championship Series puts Philadelphia in an international spotlight, with enthusiasm spreading through the city and an anticipated economic boom to follow.

"They keep coming back and coming back," Nutter said. "Even if they find themselves in a deficit position, you can't count them out. That's a bit of the spirit of the city. You know, we've been knocked down a couple of times and we keep coming back."
...
"It's important for me to say, we don't want to get out ahead of ourselves," Nutter cautioned. "As excited as we are about winning a National League title, that's not the goal. The goal is to win the World Series."

Nutter announced this month that a projected gap in the city's five-year plan could be as much as $650 million to $850 million. That won't stop a parade.

"In terms of when and cost and how - we'll figure it out," he said.

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Every year, city government spends slightly more than $4 billion. Where does all that money come from? More importantly, where does it go? Are we getting the most bang for our tax buck? “It's Our Money” is a joint project between Philadelphia Daily News and WHYY, funded by the William Penn Foundation, designed to answer these questions.




EXCLUSIVE: UNION PRESIDENT SPEAKS OUT

STRIKE

It's Our Money's Ben Waxman interviews TWU Local 234 president Willie Brown on why he called the strike when he did, what it's like to be more hated than A-Rod, and what it will take the union to go back on the job. Click here to see the exclusive interview.




FOLLOW THE (LACK OF) MONEY

Our experts

Philadelphia’s five-year plan includes $300 million in service cuts. Which departments are seeing their budgets slashed, and what are the consequences? Our Follow the (lack of) Money series takes stock of the effects of the budget crisis. This week: Housing Trust Fund.



State and local budget news:


National budget news:



Ben Waxman reports and blogs for “It's Our Money.” Before joining “It's Our Money,” he was a regular contributor to the Philadelphia Daily News op-ed page and former contributor to the blog Young Philly Politics. He studied political science at Juniata College in Huntingdon, PA.




Doron Taussig is the Project Manager for “It's Our Money.” He is also a graduate student in communications at Temple University. Previously he worked as a Staff Writer and News Editor for the Philadelphia City Paper.





Dave Merrell is the Web Editor for "It's Our Money." He comes to the project from Philly.com, where he is a web producer. Originally from upstate New York, he moved to Philadelphia after graduating from Haverford College with a degree in math and economics.




Anthony Campisi reports and blogs for "It's Our Money." Originally hailing from Central Jersey, he came to Philadelphia while a student at the University of Pennsylvania, where he studied intellectual history. He also writes about transportation for PlanPhilly, an innovative urban planning website started by PennPraxis, the consulting arm of the Penn School of Design.



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