New York state leaders have been spending money using a credit card that nobody ever attempts to pay off. Because of this fiscal approach, New York state debt per capita has climbed to the highest level in the entire nation, leaving every single resident with a heavy financial burden.
Hochul Piles $37K of Debt on Every New Yorker as Bills Come Due
New York Governor Kathy Hochul has pushed the state's debt to the highest per-capita level in the United States, leaving every resident with a $37K burden.
Key takeaways
- New York state leaders spent money on a credit card that nobody tries to pay off.
- New York now has the highest per-capita debt load in the nation.
- Governor Kathy Hochul helped pile $37K of debt on every New Yorker.
Why it matters
Every resident in New York is affected by the highest per-capita debt load in the country.
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