Here’s Why Philly Businesses Will Gladly Pay Millions for the Pope and DNC

Photo | Shutterstock.com

Photo | Shutterstock.com

Fact: If the Democratic National Committee decides to hold its 2016 convention in Philadelphia the cost could range anywhere from $50-$75 million dollars. While the federal government would pick up most of this cost, as much as $10 million could fall on our local government (at least, that’s what New York’s mayor predicts if the convention came to his town).

Fact: When the pope visits Philadelphia in 2015 as part of the World Meeting of Families the estimated cost could be another $13 million, (the city of Milan paid 10 million euros when it hosted the event in 2012).

Fact: $10 million plus $13 million means the city could be on the hook for up to $23 million in additional expenses for these two events. Maybe even more.

Fact: It’s likely that Philadelphia’s business community will step up and raise the money to pay this bill so that taxpayers are not out of pocket. “We’re the fifth largest city in America,” Comcast’s David Cohen recently said in a radio interview. “And I think our civic leadership has the capacity to be able to raise the money to host these two pretty special events in consecutive years in Philadelphia.”

Great!  The city needs $23 million, and the business community will likely step up.

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DNC to Scout Philadelphia for 2016 Convention

Philadelphia is one of six cities bidding to host the 2016 Democratic National Convention, and the DNC has announced when it will do site visits. Democratic officials will visit the city on August 13-14.

That’s soon! Though we only need to clean up the parts of the city politicians will see, that’s still a lot of work: Do you think we can just sweep all of the Arctic Splash containers and cheesesteak wrappers strewn about Philadelphia under a rug and no one will notice?

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