This is completely unfathomablehttps://twitter.com/igorbobic/status/1252981635697512448 …
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Wyoming will be one of the first needing to declare bankruptcy
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That's a good point, but the value of the rainy day fund is less than the likely revenue loss over the next budget cycle, as far as I can tell
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But my larger point (which I obscured by mentioning bankruptcy) is that there will be a lot of pain and suffering from budget cuts before we ever get to bankruptcy
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