The stats are out.
Every state in the U.S. is projected to have a deficit in 2012. Many states are going broke, cutting programs and hiking tuitions.
Who has the lowest projected deficit, you might ask?????
Indiana's projected deficit is only 2%. (This is a percentage of the fiscal budget for 2012)
The next closest is Iowa at 3.5%
Then Idaho at 3.9%
Evidently - the "I"'s have what it takes to control spending.
Who's in trouble? No real surprises
Nevada at 45.2%
New Jersey at 37.4%
Texas at 31.5%
California at 29.3%
Glad to be a Hoosier!