Debt by State 2-9-25

Here are some states with high debt in 2024:

California: According to Data Pandas, California is expected to have $520 billion in debt in 2025. 

New York: Data Pandas predicts that New York will have $368 billion in debt in 2025. 

Texas: Data Pandas predicts that Texas will have $324 billion in debt in 2025. 

Illinois: Data Pandas predicts that Illinois will have $159 billion in debt in 2025. 

Florida: Data Pandas predicts that Florida will have $131 billion in debt in 2025. 

Louisiana: According to a 2024 Bankrate survey, Louisiana is one of the states with the highest debt burden. 

Mississippi: According to a 2024 Bankrate survey, Mississippi is one of the states with the highest debt burden. 

Oklahoma: According to a 2024 Bankrate survey, Oklahoma is one of the states with the highest debt burden.  

State                  Debt in 2022         Reasons

California           $558.368 Billion    Really Dumb Spending, Train to Nowhere

Illinois                $247.943 Billion    Corruption and Pensions

New York          $245.485 Billion    

New Jersey       $224.574 Billion

Texas                $221.175 Billion    Border Protection Costs

Massachusetts $119.941 Billion

Connecticut       $97.471 Billion

Washington       $94.852 Billion

Pennsylvania     $76.884 Billion

Florida               $61.828 Billion     Highways and Hurricanes

 

Maryland           $60.368 Billion    

Ohio                  $53.399 Billion

Georgia             $40.723 Billion     Savannah Harbor, Nuclear Plant

Kentucky           $38.790 Billion

Louisiana          $37.973 Billion

Colorado           $37.103 Billion

Michigan           $35.770 Billion

Virginia             $35.033 Billion

N Carolina        $31.504 Billion

Hawaii              $28.246 Billion

 

Wisconsin        $28.179 Billion

Arizona             $24.785 Billion

Oregon             $23.903 Billion

Minnesota         $22.918 Billion

Missouri            $20.075 Billion

S Carolina        $18.760 Billion

Indiana             $18.375 Billion

Delaware          $17.470 Billion

N Mexico          $16.422 Billion

Alabama           $15.783 Billion

 

Mississippi        $13.477 Billion

Alaska              $12.992 Billion

Nevada             $11.951 Billion

Tennessee       $11.804 Billion

Wyoming          $10.722 Billion

Arkansas          $10.589 Billion

W Virginia        $10.321 Billion

Kansas             $10.128 Billion

Iowa                  $9.689 Billion

N Dakota           $9.629 Billion

 

Oklahoma          $9.140 Billion

Rhode Island     $8.946 Billion

Maine                $8.461 Billion

Vermont            $7.965 Billion

Utah                  $6.450 Billion

N Hampshire     $6.359 Billion

Montana            $4.907 Billion

Nebraska          $4.659 Billion

Idaho                $4.430 Billion

S Dakota          $2.352 Billion

 

High Public Employee Pensions and Benefits are cited as reasons for high State Debt.

Western States with lower GDP have too much federal land they have not been able to put to productive use.

https://reason.org/transparency-project/debt-trends-state-local/state/

Comments

It’s stunning to see all states carrying debt at the same time our federal debt is at record highs. We also have high cumulative inflation that affects all US citizens. I believe the debt being carried by Republican States is debt incurred to invest in infrastructure and the debt being incurred by Democrat States is corrupt wasteful spending. DOGE is exposing unnecessary, corrupt federal spending. The US Congress needs to focus on insuring that they can monitor and control spending in real-time.

Norb Leahy, Dunwoody GA Tea Party Leader