Fiscal Woes: 10 States Heading Towards Bankruptcy

“Debt makes the world go round.” That's how the saying goes, right? Here are the ten states that are in financial trouble. 

1. Illinois

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Illinois has no good economic condition, with a debt of $4,995 per capita. One of the significant issues in the state is its unfunded pension liabilities. They have accumulated over time, causing such economic conditions: budget issues and high govt. Spending has also increased the state's burden. Now the responsibility falls on the govt. To cover the debt to avoid future inconveniences. 

2. Vermont

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Another state that has accumulated a high debt is Vermont. It has a debt per capita of $5,413. It's a small and one of the least populous states in the U.S. Vermont is best known for its most natural landscapes. It makes Vermont a famous tourist spot. It's shocking for Vermont to accumulate even a tiny bit of debt with such tourist activity. 

3. New Hampshire

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New Hampshire is another smallest state in the U.S., also the neighbor of Vermont. With its snow-capped mountains, New Hampshire lures many travelers but still owes a debt of $5,517 per capita. Being the neighbor of Vermont, its debt amount and economic situation are much similar. 

4. Hawaii

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Hawaii can make any tourist struck with its beauty and natural landscapes. This is one of the most renowned tourist spots around the world. But Hawaii still owes a debt of $ 6,737 per capita. Even the striking beauty of Hawaii has the power to make Hawaiians forget their state owes a debt.

5. New Jersey

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One of the highest-taxed states of the U.S., New Jersey, also owes a huge debt. The state owes a debt per capita of $7,117. It becomes eye-opening that the state takes high taxes from the public but still owes a high debt. As a matter of fact, New Jersey cannot be seen making any state upgrading programs.

6. New York

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The state owes a debt of $7,141 per capita. NYC is one of the biggest and most famous tourist destinations. It's also a place where most of the world's richest people live. And any people long to live and enjoy their life in New York. But the state's high debt makes it quite pricy to maintain a good life there.

7. Alaska

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Alaska is one of the biggest U.S. states that is the least populated. It boasts a debt of $8,079 debt per capita. Although the state is in high debt, it still cares for its residents. The tax amount in Alaska is comparatively very small from other states. It also creates some tough situations for the state regarding the debt amount.

8. Rhode Island

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This is one of the smallest U.S. states, boasting a $8,191 per capita debt. It a quite a significant amount concerning the size of the state. Rhode Island is a small state, but it is densely populated. This is a min cause that makes it accumulate a high debt.

9. Connecticut

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With a debt of $10,679 per capita, Connecticut is the relatively highest indebted state in the U.S. Such an amount of debt makes it pretty expensive to live in this state. Therefore, much of the pressure goes onto the high-income earners. The state is also reinvesting in its infrastructure consistently, which is making its debt amount the highest.

10. Massachusetts

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The topmost indebted state of the U.S. is Massachusetts. Overall indebted per capita of $11,047, the state has made every resident indebted over $11,000. High Government spending on different developmental sectors of the state has caused an increased debt accumulation. It has such a high debt in comparison to other big states of the U.S. with high economic disparity.

Most Dangerous Cities in the U.S.

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Crime is at an all-time high in the United States, and people are fleeing the most dangerous cities in favor of safer places. Here are the top 10 most dangerous cities in the United States today.

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“Watch Your Wallet” 10 Tourist Traps Everyone Inevitably Experiences

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When it comes to traveling, every city has its charms and its traps. However, some cities are more known for their tourist traps than others. In a popular thread on a social media platform, travelers were asked which cities they believed to be the biggest tourist traps. Here are the top 10 cities that made the list.

“The Italian Countryside For Me” 10 Places To Move To If Money Were No Big Deal

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The United States is home to some of the world's most stunning natural landscapes, from towering mountain ranges to breathtaking coastlines. When asked where the most beautiful place in the United States is, users on an AskReddit thread had no shortage of stunning locations to share. Here are ten of the most popular responses:

“Don't Be A Mooch” 10 Things Canadians Will Judge You For If You Don't Do

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When it comes to travel trailers, there are a lot of different brands on the market. This article will discuss 10 of the best travel trailer brands on the market today. We will describe the features of each brand and give our top pick for the best product. So whether you need space for two people or the whole family, we have you covered.

States People Are Leaving (And Where They're Going)

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It's no secret that people are moving around the United States a lot lately. Ever since the rapid increase in housing prices and the rapid decrease of employment since the pandemic, people have been searching for more affordable places to go.  So where are all these people going? Let's take a look at some of the states that are losing the most people and where they are ending up.


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