State Budget Deficits Compared… Oh boy!

Ever wondered which states had the worst budget deficit problem? The Wall Street Journal recently compiled data and produced a visualization showing each state’s budget gap.  While California is taking the lead (no surprise there), I was surprised to see the deficit gaps the largest in the most populated states.  It almost hints at the problem of maintaining a growing population, but then if the population is growing, so are tax revenues.  So what’s the problem?  I won’t go there but the graph is fascinating!

Statedebts

Check it out: Wall Street Journal State Budget Gaps

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