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News Link • Government Debt & Financing

Report: State budgets fudge numbers to hide massive debt

• FOX News

America's red ink runs much deeper than you think. 

Aside from the nearly $18 trillion national debt, many state governments are looking at future budgets that are trillions of dollars in the red. And they've hidden the numbers by dramatically under-reporting that debt, according to a new report by the think tank State Budget Solutions. ...

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