California & New York: Do these states generate profit for each citizen?
US Published National Debt
Each year the Truth in Accounting staff collects data from every state's Comprehensive Annual Financial Report.
Find how much you would have to pay to cover your state's bills. To determine your "Taxpayer Burden" Truth in Accounting calculated the money needed to pay your state's bills, including pensions.
A thorough study of 518 taxing entities in Cook County, including Chicago. This June 2013 report was coauthored by John Nothdurft, the Heartland Institute, and Sheila Weinberg, CEO of TIA.
"Let’s make it a true “Double Jeopardy, Alex.”
" ... Risk at banks is a bit like a balloon: if you squeeze one end, the other end bubbles and bulges.”
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TIA In the News
July 23, 2014
“... There are two reasons you can just barely see the $44 million black slice. ..."
July 18, 2014
"Truth in Accounting’s detailed analysis of the 2011 financial report, for example, found the state of New Jersey had $82.7 billion in assets, but most of these assets were not available to pay state bills."
July 17, 2014
“In his introductory letter to Chicago’s annual financial report for 2013, Mayor Rahm Emanuel stated: “In 2013, the City of Chicago made significant progress towards righting the City’s financial ship. ..."