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The City Café

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Central Falls, RI is broke.  A withering tax base coupled with pension obligations has forced this old New England textile town to file for bankruptcy under US Code Chapter 9 Title 11.

On Point guest host  Jacki Lyden, leads a discussion centered on municipal budget issues and what happens in the rare circumstance when cities can’t pay their debts.

Listen here

“How Central Falls became a city with a troubled future may be an object lesson for many other municipalities around the country who are in dire straits.”

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