The Economic Policy Journal recently released a list of U.S. States that are officially bankrupt (i.e., insolvent). These states are receiving SHADOW BAILOUTS from the federal government. As Zero Hedge puts it, “one can only wonder how many other shadow programs are currently in operation to fund states under the table with federal money.” He also notes that this means that over 60% of Americans receiving state unemployment benefits are now getting these directly from the US government.
Rather than list the 32 bankrupt states, since there are so many, here’s a list instead of the 23 states (and territories) that ARE NOT BANKRUPT. This will make it easier to see.
Which U.S. States Are Not Bankrupt:
Northern Marianas Islands*
* – U.S. Territories
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