January 1, 2026
Reverse Pyramid Scheme: Average Annual State Budget Is 37 Percent Federal Money
An alleged bulwark against the 50 states overspending like the federal government has been the old saw: “The states can’t print money.” Another alleged bulwark, 49 of the 50 states have some sort of self-imposed balanced budget requirement. From Grok: “49 US states have some form of balanced budget requirement, which mandates that their operating budgets (excluding capital and pension funds) cannot run a […]
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Minnesota: Land of 10,000 Frauds - In the Tank #521
The Heartland Institute December 5, 2025 1:33 am