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From GoLocalProv by Stephen Beale, GoLocalProv News Contributor:
Providence is facing a potential $11.2 million deficit, undermining claims by Mayor Angel Taveras that the city is running on a balanced budget and raising renewed questions about the city’s long-term financial health.
Top fiscal adviser Gary Sasse warns that quick fixes to the problem, like underfunding the rainy day or pension funds, would set back the city's financial recovery.
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