Stillness in the Storm

An Agent for Consciousness Evolution

Debt Bombs: Here Are The States With The Most Debt

By Leave a Comment

Spread the love

(Zero Hedge) According to a new report from Truth in Accounting, the most-indebted states include New Jersey, Illinois, Connecticut, Massachusetts, Hawaii, Delaware, Kentucky, California, and New York.

Related 18 Facts on the US National Debt That Are Almost Too Hard to Believe

Source – Zero Hedge

by Staff Writer, September 28th, 2019

Truth in Accounting published the Financial State of the States report, a regional analysis of the most recent state government financial data, on Tuesday, that is one of the most comprehensive studies of the economic conditions of all 50 states. The report includes the most up-to-date state finance and pension data, trends across the states, and key findings.

The report said all 50 states have had to become more transparent in their financial reporting over the last several years, thanks to the implementation of Generally Accepted Accounting Principles set by the Governmental Accounting Standards Board.

Researchers this year uncovered something truly shocking: “40 states do not have enough money to pay all of their bills and in total the states have racked up $1.5 trillion in unfunded state debt.” 

Buy Book Conspirator’s Hierarchy : The Committee of 300

Truth in Accounting ranks the states below according to their Taxpayer Burden or Surplus, which at the end of the day, it’s what the taxpayer is on the hook for.

Here are the rankings (from less indebted to most indebted): 

  1. Alaska, $74,200 per taxpayer
  2. North Dakota, $30,700
  3. Wyoming, $20,800
  4. Utah, $5,300
  5. Idaho, $2,900
  6. Tennessee, $2,800
  7. South Dakota, $2,800
  8. Nebraska, $2,000
  9. Oregon, $1,600
  10. Iowa, $700
  11. Minnesota, -$200
  12. Virginia, -$1,200
  13. Oklahoma, -$1,200
  14. North Carolina, -$1,300
  15. Indiana, -$1,700
  16. Florida, -$1,800
  17. Montana, -$2,100
  18. Arkansas, -$2,300
  19. Arizona, -$2,500
  20. Nevada, -$3,100
  21. Wisconsin, -$3,200
  22. Georgia, -$3,500
  23. Missouri, -$4,300
  24. New Hampshire, -$5,000
  25. Ohio, -$6,600
  26. Kansas, -$7,000
  27. Colorado, -$7,200
  28. Washington, -$7,400
  29. Maine, -$7,400
  30. West Virginia, -$8,300
  31. Mississippi, -$10,000
  32. Alabama, -$12,000
  33. Texas, -$12,100
  34. New Mexico, -$13,300
  35. Rhode Island, -$13,900
  36. South Carolina, -$14,500
  37. Maryland, -$15,500
  38. Michigan, -$17,000
  39. Pennsylvania, -$17,100
  40. Louisiana, -$17,700
  41. Vermont, -$19,000
  42. New York, -$20,500
  43. California, -$21,800
  44. Kentucky, -$25,700
  45. Delaware, -$27,100
  46. Hawaii, -$31,200
  47. Massachusetts, -$31,200
  48. Connecticut, -$51,800
  49. Illinois, -$52,600
  50. New Jersey, -$65,100

Stillness in the Storm Editor: Why did we post this?

The preceding information is a news update. In general, staying informed as to events taking place is essential as an individual because it helps you navigate the world, and socially because you can gain and maintain rapport with your fellows. This rapport can be used to share information that can help others and improve the conditions of humanity in general. However, one must learn how to exercise discernment and proper critical thinking so they can make effective use of information gained.

– Justin

Not sure how to make sense of this? Want to learn how to discern like a pro? Read this essential guide to discernment, analysis of claims, and understanding the truth in a world of deception: 4 Key Steps of Discernment – Advanced Truth-Seeking Tools.

Stillness in the Storm Editor’s note: Did you find a spelling error or grammar mistake? Send an email to [email protected], with the error and suggested correction, along with the headline and url. Do you think this article needs an update? Or do you just have some feedback? Send us an email at [email protected]. Thank you for reading.

Source:

https://www.zerohedge.com/personal-finance/debt-bombs-here-are-states-most-debt

Notices and Disclaimers

We need $2000 per month to pay our costs. Help us one time or recurring. (DONATE HERE)

To sign up for RSS updates, paste this link (https://stillnessinthestorm.com/feed/) into the search field of your preferred RSS Reader or Service (such as Feedly or gReader).

Subscribe to Stillness in the Storm Newsletter

“It is the mark of an educated mind to be able to entertain a thought without accepting it.” – Aristotle

This website is supported by readers like you.

If you find our work of value, consider making a donation. 

Stillness in the Storm DISCLAIMER: All articles, videos, statements, claims, views and opinions that appear anywhere on this site, whether stated as theories or absolute facts, are always presented by Stillness in the Storm as unverified—and should be personally fact checked and discerned by you, the reader. Any opinions or statements herein presented are not necessarily promoted, endorsed, or agreed to by Stillness, those who work with Stillness, or those who read Stillness. Any belief or conclusion gleaned from content on this site is solely the responsibility of you the reader to substantiate, fact check, and no harm comes to you or those around you. And any actions taken by those who read material on this site is solely the responsibility of the acting party. You are encouraged to think carefully and do your own research. Nothing on this site is meant to be believed without question or personal appraisal.

Content Disclaimer: All content on this site marked with “source – [enter website name and url]” is not owned by Stillness in the Storm. All content on this site that is not originally written, created, or posted as original, is owned by the original content creators, who retain exclusive jurisdiction of all intellectual property rights. Any copyrighted material on this site was shared in good faith, under fair use or creative commons. Any request to remove copyrighted material will be honored, provided proof of ownership is rendered. Send takedown requests to [email protected].

What is our mission? Why do we post what we do?

Our mission here is to curate (share) articles and information that we feel is important for the evolution of consciousness. Most of that information is written or produced by other people and organizations, which means it does not represent our views or opinions as managing staff of Stillness in the Storm. Some of the content is written by one of our writers and is clearly marked accordingly. Just because we share a CNN story that speaks badly about the President doesn’t mean we’re promoting anti-POTUS views. We’re reporting on the fact as it was reported, and that this event is important for us to know so we can better contend with the challenges of gaining freedom and prosperity. Similarly, just because we share a pro/anti-[insert issue or topic] content, such as a pro-second amendment piece or an anti-military video doesn’t mean we endorse what is said. Again, information is shared on this site for the purpose of evolving consciousness. In our opinion, consciousness evolves through the process of accumulating knowledge of the truth and contemplating that knowledge to distill wisdom and improve life by discovering and incorporating holistic values. Thus, sharing information from many different sources, with many different perspectives is the best way to maximize evolution. What’s more, the mastery of mind and discernment doesn’t occur in a vacuum, it is much like the immune system, it needs regular exposure to new things to stay healthy and strong. If you have any questions as to our mission or methods please reach out to us at [email protected].

Reader Interactions

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.