View this year’s report
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Report ranks every state’s debt, from California’s $497 billion to South Dakota’s $2 billion
State governments had $2.7 trillion in debt at the end of 2023, a new Reason Foundation analysis finds. This state debt is equivalent to approximately $8,000 per person nationally. With $497 billion in liabilities, California had the largest state government … Continued
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Report: State and local governments have $6.1 trillion in debt
State and local governments had $6.1 trillion in debt at the end of 2023, a new Reason Foundation analysis finds. On a per capita basis, state and local debt amounts to approximately $18,400 per American. This state and local debt … Continued
