Last Thursday, when Mayor Nutter introduced his budget for the city, he mentioned some major financial challenges facing Philadelphia -- including about $41 million in cuts to social services from the state.

The Mayor said those cuts could be devastating for some of Philly's most vulnerable citizens. But he didn't propose moving around any money to cover the cost the difference.

On this week's It's Our Money podcast, Doron Taussig and Holly Otterbein discuss how a budget is a statement of priorities -- and also how a mayor needs to be careful what he promises to pay for.

Check out the It's Our Money podcast, and find more at www.ourmoneyphilly.com.


It's Our Money is a joint project of the Daily News and WHYY, funded by the William Penn Foundation. We shed light on where your tax dollars are going.