$5.1 Trillion … The Debt Of The 50 States , Mostly Unfunded Pensions

YouViewed/Editorial

EXography: Unfunded Public Employee Pensions Drive State Debts Skyward

 

 

 

State Debt

 

Click Image To Go To Interactive Graphic And See How Much Your State Is In The Red





State governments are piling up debt almost as fast as the federal government, with a total of $5.1 trillion now on their books.

  Calculated on a per capita basis, the $5.1 trillion represents an obligation of $16,178 for every state resident in the country, according to State Budget Solutions’ fourth annual State Debt Report.

  State Budget Solutions is a 501(c)(3) educational foundation that focuses on state spending and budget issues.

  The $5.1 trillion has accumulated despite various forms of balanced-budget requirements and spending limitations on the books in most states.”

 

 

This should be no surprise to any thinking individual …

 

” Viewed in terms of total debt, big states dominate the top…

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