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Tuesday, November 13, 2007

PA's Debt: $110 Billion

In response to a question from one of our readers, here is a analysis of Pennsylvania state and local government outstanding debt (the latest data for local governments from the Census Bureau is 2004-05, and undoubtedly debt has increased.

Pennsylvania taxpayers have $110 billion in outstanding debt, or about $8,800 per person ($35,000 per family of four).

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