I've been wondering about this for awhile. How many of you live in a State that does not carry debt and how is your state doing? My state, Idaho, is prevented from using debt. The state constitution prohibits it. The state does have budget issues. As the economy declines, so do income taxes and sales tax. This forces legislators to cut spending. The only question is where to make the cuts. The fights are huge of course as two of the large cuts came from education and medicaid. But, it is done and the people will adjust. We do not face the possibility of the Fed goob having to bail us out, a bonus to the country. Taxes are high though, especially for a red state. We have all basics. State income tax, sales tax, property tax, sin tax, and the usuall hidden tax's-fees. So there is a downside. How well do you think your state manages debt/budgets? Please, no comments on party politics. I would like to only discuss state debt. MSM rarely brings this up.