Sunday, November 30, 2025

Debt by state

One party control in a state creates different outcomes depending on the party. In Illinois the democrats hold every state wide office including governor. In addition, they have a super majority in the senate with 40-19 and a super majority in the house with 78-40 seats. The state is in debt $248 billion with at population of 12 million. Florida is controlled by republicans with a super majority in the house and senate. The state debt is $16 billion with a population of 23 million. Florida ranks 28th in property tax at .79% while Illinois is second at 2.07% The debt per person in Illinois is $20,000 and in Florida it is $700. Most of the Illinois’s debt is owed to pension plans for state employees and state teachers. The democratic party, both on a state level and federal level, promotes government debt financing. Illinois has 500 state employees per 10,000 population and Florida has 400. A similar situation can be seen by comparing Texas with California.

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