Chris Christie’s New Jersey Ranks Dead Last in Fiscal Condition
January 18, 2014
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A new study on the fiscal condition of the 50 states ranks New Jersey dead last, citing revenue shortfalls, budget practices and high levels of debt. The healthiest states, on the other hand, are those benefiting from the domestic energy boom, including Alaska and the Dakotas. The Mercatus Center at George Mason University released the study earlier this week.
New Jersey ranked last in both budget solvency and long-run solvency, and in the bottom 15 in the other categories. Also to note are the relatively high rankings of the only states with no state income tax: Alaska (1), South Dakota (2), Wyoming (5), Florida (6), Nevada (16), Texas (20), Washington (23).
Read more at The Blaze.