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Texas’ debt problem was well underway before it received federal bailouts, reports show

Bethany Blankley  |  August 3, 2020

By Bethany Blankley, includes “… According to the nonprofit organization, Truth in Accounting, Texas earned a ‘D’ grade for its fiscal health because its ‘overall financial condition worsened by 20 percent from the previous fiscal year’ due to heavy hits to the oil industry, and because of a pre-existing $98.7 billion debt burden. …” 
 

Read the full article on: The Center Square (Texas)

 
 
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