California & New York: Do these states generate profit for each citizen?
US Published National Debt
$17,599,556,606,442.00
The Truth
$81,785,460,700,385.00
Your Share: $257,800
Research
State Financial Data
Each year the Truth in Accounting staff collects data from every state's Comprehensive Annual Financial Report.
Each Taxpayer's Burden
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.
The Municipal Debt Crisis
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.
Morning Call
Debt Servants: How Sustainable Are States’ Legacy Costs
" ... Most states don’t make even the pension contributions required by their own backloaded and overly optimistic funding plans, often by a wide margin ..."
Medicare and Social Security Report – 4 Things to Watch
“The government will issue its annual Social Security and Medicare trustees report Monday at noon. ... Here are some key things to watch …”
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TIA In the News
4 Reasons You Should Care About Pensions in Illinois
July 28, 2014
Chicago Sun-Times
"... Haven't been paying attention to the issue? Here's why you should ..."
Retiree Healthcare Tops Pensions as Fiscal Threat
July 25, 2014
Heartland Institute
“Can anything be in worse condition than unfunded government pensions? Unfortunately, yes ..."
Citigroup Settlement Just a Tiny, Tiny Slice of the Illinois Pension Debt Pie
July 23, 2014
Reboot Illinois
“... There are two reasons you can just barely see the $44 million black slice. ..."
