October 25, 2021

[US] Total state debt tops $5 Trillion

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From Newsmax A troubling new report discloses that the total debt facing U.S. state governments now stands at $5.1 trillion — equal to about $16,180 for each state resident. Total debt amounts to one-third of annual gross state product, and 469 percent of all fiscal year state general and other fund revenues, according to the […]