By Erin Amsberry, includes “A recent study conducted by Truth in Accounting named Missouri “a sinkhole state” as it came in ranked as the 31^st worst state in the nation for financial stability. Even though Missouri has measures in place that require legislators to balance the budget, their misleading ways of accounting allow Missouri’s financial situation to look much better than it actually is. Missouri continues racking up a large debt, yet few seem concerned enough to reduce spending and start using accurate accounting.  Truth in Accounting reports Missouri’s spending to be at $15.4 billion, meanwhile the state’s revenue is only $7.4 billion. That is a significant $8 billion deficit.”

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