Why Texas is in trouble

JULY 29, 2020 | by Adam Andrzejewski | FORBES

By Adam Andrzejewski, includes “Everything is bigger in Texas—including the supersized salaries of its city managers, school superintendents, state staffers, and other public servants. … Overall, Texas state government is drowning in $99 billion dollars in debt, according to Truth in Accounting. It amounts to $3,413 per man, woman, and child. By contrast, Florida has only $12 billion in debt and a $600 per-person liability.”

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