PhillyDeals: With borrowed cash, Philadelphia stages stimulus

Cash-strapped Philadelphia is using borrowed money from past bond issues to patch together its own economic-stimulus package. Today, Mayor Nutter goes to Northeast Philadelphia to launch an expanded version of the two-year-old "Home-Buy-Now" program. The city will give 300 home buyers up to $5,000 each, if their employers give just as much, doubling the grants, says Commerce Director Andrew Altman.

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