Why 27 U.S. States Are Going Broke
11:36
YouTubeCNBC
Why 27 U.S. States Are Going Broke
27 state governments lack the necessary cash on hand to pay their bills, according to researchers. The debts largely relate to the public pension system, which provides lifetime benefits to state and local government employees. $800b in federal aid during the pandemic obfuscated the long-term challenges of states. As that extra aid expires ...
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