By Chris Bergenheim, includes “… TIA said that in 2016, 41 states in the United States did not have enough money to pay off their bills. TIA estimates the total shortfall of states in the nation is $1.5 trillion. Most of the debt, the organization said, comes from unfunded retiree benefit promises, such as pension and retiree health care debt. …”
Read the full article on: Providence Business News (Rhode Island)