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Mapped: The United States of Debt – Investment Watch

118.4% The most obvious takeaway from our map is that there are lots of states with tens of billions in debt. The state with by far the most debt in the country is California at $362.9B, topping some 120.5% of the stateโ€™s assets. Five other states also crack $100B in debt, including New York ($291.9B), Illinois ($248.7B), Texas ($222.6B), New Jersey ($222.3B) and Massachusetts ($104.5B). Clearly these states have been spending a lot more money than theyโ€™ve been collecting in tax revenues fo...
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