Spending tax payer dollars like there's no tomorrow, on a continuing upward trajectory that gets put on the States credit card is as bad as our mounting federal debt. Someone needs to realize its not going to help the poor, or anyone if the States & Federal Gov't go bankrupt.
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Why is state debt worse than the $20+ trillion federal debt? We seem to have forgotten about that amidst the current “good news” about the federal economy.
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