Daily News | 📉 The warning sign in Pa. Democrats’ big wins | Morning Newsletter
The city projects it will finish this year with north ofPhiladelphia became the first major U.S. city to declare bankruptcy in the 1990s and has struggled to provide basic services for decades.
The cash influx is due to multiple factors, including unexpectedly high tax collections, a slow-spending approach to the $1.4 billion in federal aid Philly received from the American Rescue Plan, and difficulties filling positions amid a tight labor market.City Council members have urged the administration to spend more aggressively amid the gun violence epidemic and the uneven economic recovery since 2020.
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