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How Broke Is Your State?

HOW BROKE YOUR STATE? $4.17 TRILLION . $600 BILLION Outstanding Debt $2.8 TRILLION Unfunded Total State Debt Pensions Washington The State Department of Eoology spent $27,000 to produce a YouTube rap video that tells people to piok up after their dogs. Illinois The state paid $2 million in unemployment benefits to inmates last year; in faot, one Cook County inmate oollected almost $43,000. Nevada State Representative Joe Heck made headlines having spent over $300,000 on printing, postage & related costs while other state offices spent less than half that much. Mississipi The University of Southern Mississippi must pay out $2.1 million to fired football coach Alaska Ellie Johneon for his remaining three-year contract After a partial veto, the state will be spending only $500,000 annually to resoue orphaned moose calf and nurse them baok to health. MOST INDEBTED STATES LEAST INDEBTED STATES Total Debt Total Debt $617 Billion $300 Billion $286 Billion $5.8 Billion $6.1 Billion $6.5 Billion California New York Texas Vermont North Dakota South Dakota Per Capita Per Capita $31,689 $29,372 $29,349 $4287 $5,396 $5,726 Alaska Hawaii New Jersey Nebraska Tennessee Indiana WHO OWNS THE MUNICIPAL DEBT? 202 $1.7 Trillion $450 Billion 30% Individuals Insurance Companies 47% 12% $1.1 Trillion $392 Billion Mutual Funds Banking Institutions 11% MUNICIPAL BOND MARKET BY THE NUMBERS $3.7 Trillion 1.1 Million+ $378.9 Billion 9.7 Milion Over 60% Size of Munioipal Bond Market at the Number of unique Amount Total number of Share of outstanding municipal bonds rated invectment grade new munioipal bonde outstanding municipal bonds municipal bond end of 2012 issued in 2012 trades in 2012

How Broke Is Your State?

shared by SBojinov on Apr 17
U.S. debt drama has been a recurring theme and this infographic offers a tour of each state's budget woes and wasteful spending habits.


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