The government of the nation's sixth most-populous city
has stopped paying its vendors and suppliers
citing a cash crisis
The city will delay spending on anything
other than payroll, debt service and emergencies
until passage in Harrisburg of a state budget
and laws related to the sales-tax and pension proposals
The city has about $197 million in funds
and with the suspension of vendor payments
that money should last through the end of September
Philadelphia Halts Payments in Crunch
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