Institute for Truth in Accounting - Truth in Accounting report says states have $900 billion off-balance sheet debt

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Truth in Accounting report says states have $900 billion off-balance sheet debt
The Institute released its second annual "Financial State of the States" report, identifying five "sunshine" states and five "sinkhole" states.

Unsurprisingly, the study shows the five "sunshine" states are becoming financially stronger, while the five "sinkhole" states are becoming more insolvent.

Read Financial State of the States press release. http://www.businesswire.com/news/home/20120613005254/en/Institute-Truth-Accounting-Report-States-900-Billion

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