Report: State Debts Top $5 Trillion; Yes, Trillion - The Heartland ...

Jan 10, 2014  · California leads the pack with $778 billion in state debt, mostly as a result of the state’s $584 billion unfunded public pension liability. New York ($388 billion), Texas ($341 billion), Illinois ($321 billion), and Ohio ($321 billion) round out the top 5 states with the largest …


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Report: State Debts Top $5 Trillion; Yes, Trillion - The Heartland ...

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Jan 10, 2014  · California leads the pack with $778 billion in state debt, mostly as a result of the state’s $584 billion unfunded public pension liability. New York ($388 billion), Texas ($341 billion), Illinois ($321 billion), and Ohio ($321 billion) round out the top 5 states with the largest …

heartland.org

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Report: Pensions Biggest Culprit In States’ $4 Trillion Of Debt

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Aug 29, 2012  · This is the key finding of the State Debt Report of the nonpartisan State Budget Solutions organization. State Budget Solutions pegs total state debts at $4.19 trillion, barely …

heartland.org

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Report: State Debts Top $5 Trillion | Human Events

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Jan 14, 2014  · California leads the pack with $778 billion in state debt, mostly as a result of the state's $584 billion unfunded public pension liability. New York ($388 billion), Texas ($341 …

humanevents.com

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State Debt: California, Illinois, New York, New Jersey And Texas …

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Dec 19, 2024  · When looking at state public pension debt, Illinois has nearly double the pension liabilities of any other state. At the end of fiscal 2022, Illinois had $139.8 billion in public …

reason.org

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State Budget Solutions’ Fourth Annual State Debt Report

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State Budget Solutions’ (SBS) fourth annual State Debt Study reveals that state governments face a combined $5.1 trillion in debt. This total equals roughly $16,178 per capita, or 33 percent of …

alec.org

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States’ Total Debt Just Surpassed $1.5 Trillion - Heartland Daily News

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Dec 27, 2021  · The debt of all 50 states totaled $1.5 trillion at the end of 2020, severely underfunding pensions and other postemployment benefits. That’s according to Truth in …

heartlanddailynews.com

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State Pension Debt Totals $1.3 Trillion—Report - Heartland Daily …

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Oct 19, 2023  · Newly released forecasting by the Pension Integrity Project indicates that state pension systems will likely remain at historically high debt levels. Based on an estimated …

heartlanddailynews.com

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America's Debt Position By State And Worldwide - Forbes

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Dec 7, 2023  · Key Takeaways. Hawaii is the most indebted state, with government debt at $13,681.67 per capita. The total state debt balance of $19.7 billion represents 19.49% of the …

forbes.com

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Debt By State 2024 - World Population Review

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States with the Most Debt 1. New York. New York has the highest debt of any state, with total debt of over $203.77 billion. New York's total assets are around $106.61 billion, giving the …

worldpopulationreview.com

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The 50 States Total Debt Just Surpassed $1.5 Trillion

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Dec 22, 2021  · The debt of all 50 states totaled $1.5 trillion at the end of 2020, severely underfunding pensions and other postemployment benefits. That’s according to Truth in …

realclearpolicy.com

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Debt Trends For State And Local Governments 2020-2022

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Dec 19, 2024  · At the end of the 2022 fiscal year, the 50 state governments held $1.03 trillion in employee-related debt, including $502 billion in net public pension liabilities and $524 billion in …

reason.org

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National Debt Passes $34 Trillion - Heartland Daily News

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Jan 2, 2024  · The nation’s growing debt has become a source of concern for some politicians as the cost to service that debt takes up a larger portion of the federal budget. The gross national …

heartlanddailynews.com

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Biden-Harris’ Irresponsible Legacy: Debt Is 100% Of ... - New York …

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Sep 24, 2024  · The US debt is expected to be $28.2 trillion this year, 100% of the GDP — the highest level since the end of WWII. Since 2021, annual interest costs have nearly tripled, …

nypost.com

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U.S. Debt By President: Dollar And Percentage 2025

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Nov 7, 2024  · As of April 5, 2024, the national debt has grown by about $6.17 trillion, or 21.7%, since Joe Biden was inaugurated in 2021, according to the U.S. Treasury Department.

consumeraffairs.com

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Big Gov, Big Banks And Debt-to-GDP: We Little Guys Are Screwed

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Jul 27, 2022  · Our nation’s Big Governments – are HUGE. In 2022, the federal budget is $5.85 trillion. State and local governments are spending an additional $4.68 trillion. For government …

heartland.org

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The Wealthiest 1% Has Taken $50 Trillion From Working Americans

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Sep 18, 2020  · Each year, $2.5 trillion — yes, trillion with a "T" — has been redistributed from the bottom 90% of Americans to the wealthiest 1 % of all Americans. That's roughly $50 trillion …

upwardpost.com

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Nation’s ‘Shadow Deficit’ Dwarfs $15 Trillion National Debt

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A conservative estimate of our government’s current unfunded obligations puts the total tab at $61.6 trillion—or $528,000 for every American household. A recent report by Michael D. …

heartland.org

FAQs about Report: State Debts Top $5 Trillion; Yes, Trillion - The Heartland ... Coupon?

How much debt do the 50 states have?

Table with 3 columns and 50 rows. At the end of the 2022 fiscal year, the 50 states held $1.03 trillion in employee-related debt, including $502 billion in net public pension liabilities and $524 billion in net other post-employment benefit liabilities, such as promised medical benefits for retirees. ...

Which states have the most debt?

State debt: California, Illinois, New York, New Jersey and Texas each have over $200 billion in total liabilities County debt: Los Angeles, Philadelphia, Denver, Miami-Dade and Cook counties among worst in nation City debt: New York has more than four times the liabilities of Chicago, Los Angeles, Houston and other cities ...

Which US state has the lowest debt?

Wyoming is the least indebted US state at $2 billion. On the other side of the spectrum, the lowest carried debt by state was also recorded in Vermont ($5 billion), Montana ($6 billion), Idaho ($6 billion), and South Dakota ($7 billion). A complete list of US states with the lowest debt is as follows: ...

How much government debt does Oregon have?

The total government debt of $43 billion accounts for 14.59% of Oregon’s GDP, giving the Beaver State the 10th-highest rank for that metric nationwide. The state's government debt stands at $10,232.31 per capita, which is high compared to the state’s GDP, Oregon ranks 16th-highest for state debt per capita. 5. Nevada Score: 79.07 out of 100 ...

How much debt does New Jersey have?

New Jerseyhas the second-highest amount of debt in the country. The state's total liabilities total $222.27 billion, surpassing its assets by $198.67 billion. New Jersey's debt ratio is 441.7%. The largest source of debt is the state's unfunded pension and benefits system for public employees. ...

How much debt does Tennessee have?

Tennesseehas the fifth-lowest debt in the U.S., having $8.04 billion in total liabilities and $46.54 billion in total assets, resulting in a net position of $39.3 billion and a debt ratio of 17.3%. Tennessee is one of the most tax-friendly states in the country and will have no state income tax by 2021. ...

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