Posted by on June 27, 2023 11:00 am
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Categories: c3g6

BANKRUPTCY of a STATE DECLARED

Current Indicator Threat Grade
Grade No or UNKNOWN RISK

No or UNKNOWN RISK

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BANKRUPTCY of a STATE DECLARED

What we mean by BANKRUPTCY of a STATE DECLARED

A U.S. State begins negotiating bankruptcy.

When and where the indicator BANKRUPTCY of a STATE DECLARED has happened

Background on this indicator will be provided here in the near future.

Why the indicator BANKRUPTCY of a STATE DECLARED is dangerous

News relevant to this indicator that emerges from open sources may lead to threatening conditions for the American Nation. The team at FutureDanger will provide a clear explanation of these risks as soon as possible.
Credit
Developed by FutureDanger
Primary References
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Full Indicator Record

Indicator Historical Trend
1,1,1,1,1,1,1,1,1,2,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,1,3,1,1,1,1,1,1,1,1,1,1,2,1,1,1,1,1
Today
2017-03-02
Grade Date Headline Source
LOW 04 Feb 2024 Are Bankruptcies of Some US States in the Future? [Mises]
HIGH 07 Jan 2024 28 States Didn't Have Enough Money to Cover Their Bills in Fiscal 2022 [Truth in Accounting]
HIGH 07 Dec 2023 Californian Budget Deficit Swells to Record $68B as Tax Revenue Falls [Politico]
MOD 10 Jun 2023 The 50 States Have Racked up $1.2 Trillion in Debt [Truth in Accounting]
LOW 13 May 2023 California'S Deficit Deepens to $32 Billion [ZeroHedge]
LOW 12 Apr 2023 66% of Largest American Cities Combined Debt Is $267B [Headline USA]
MOD 10 Nov 2022 Over Two Thirds of States Do Not Have Enough Cash to Pay Their Obligations [Truth in Accounting]
HIGH 25 Oct 2022 Over Two Thirds of States Do Not Have Enough Cash to Pay Their Obligations [Truth in Accounting]
LOW 27 Jun 2022 Millions in California to Get up to $1,050 in 'Inflation Relief' tax rebate [Yahoo]
LOW 14 Jan 2022 Illinois Spent 6% More than It Took in for 15 Years [Truth in Accounting]
LOW 14 Jan 2022 New Bill in California to 'Double Taxes' in Order to Pay for a Statewide Single Payer Healthcare System [DC Clothesline]
LOW 21 Dec 2021 States That Owe Part of $39.5 Billion in Unemployment Debt Seek Federal Interest Waiver [Truth in Accounting]
LOW 01 Feb 2021 California Lost $11B to Fraudulent Unemployment Claims [NewsTarget]
LOW 13 Oct 2020 Illinois Set to Borrow from Fed Lender of Last Resort Facility a Second Time [Wirepoints]
LOW 23 Sep 2020 39 States Don't Have Enough Money to Pay Their Bills [Schiff]
LOW 10 Aug 2020 Insolvency Looms for Connecticut's Unemployment Fund [ZeroHedge]
LOW 14 May 2020 White House Opens Door to More "State Aid" from Congress [Washington Post]
MOD 04 May 2020 California First State to Borrow from Federal Government [WSJ]
HIGH 22 Apr 2020 Senate Majority Leader Favors Allowing States to Declare Bankruptcy [MSN]
LOW 20 Mar 2020 Federal Reserve Backstops Muni Bond Market as Coronavirus Hammers Cash-Strapped States [Stamford Advocate]
LOW 15 Mar 2020 States turn to cash reserves as coronavirus strains budgets [AP]
MOD 09 Sep 2019 Illinois Hit by Record $47 Billion Loss, Ignored by Regular Media [Wirepoints]
MOD 10 Mar 2019 NJ is in a ‘Fiscal Death Spiral’ [NJ.com]
HIGH 04 Mar 2019 Illinois Credit Rating Languishes near Junk [ZeroHedge]
MOD 30 Jul 2018 The Pension Hole for US Cities and States Is the Size of Japan’s Economy [WSJ]
MOD 26 Jul 2018 Multiple States now have 'irretrievable' debt [Fox Business]
LOW 29 Apr 2018 Illinois’ debt now one notch above junk rating [WirePoints]
MOD 26 Oct 2017 Illinois's CFO doesn't know how many bills are unpaid [Bloomberg]
HIGH 10 Oct 2017 Illinois State Govt has $7.5 billion worth of unpaid bills [Yahoo]
MOD 19 Sep 2017 Illinois unpaid vendor backlog hits a new record at over $16 billion [ZeroHedge]
HIGH 23 Aug 2017 Connecticut drowning in debt [Reuters]
MOD 30 Jul 2017 In fiscal dire straits, Connecticut showers state disability workers with overtime pay [ZeroHedge]
MOD 26 Jul 2017 63,000 public employees with $100,000+ salaries cost Illinois taxpayers $10B [Forbes]
MOD 05 Jul 2017 Credit rating agency puts Illinois on review for downgrade to junk despite budget [ZeroHedge]
MOD 02 Jul 2017 America's Pension Bomb: Illinois is just the start [ZeroHedge]
LOW 01 Jul 2017 NJ Governor orders State Govt shutdown amid budget impasse [YouTube]
LOW 01 Jul 2017 Illinois State Comptroller website tracks unpaid bills... [Illinoiscomptroller]
LOW 01 Jul 2017 Illinois blows budget deadline, pushing it closer to junk rating [Bloomberg]
LOW 30 Jun 2017 ‘Everything’s in danger’... [NYT]
LOW 29 Jun 2017 High-tax Connecticut facing new budget mess [Fox News]
MOD 28 Jun 2017 Payouts over $25,000 'will experience a delay' as Powerball pulls out of Illinois [ZeroHedge]
MOD 24 Jun 2017 Illinois could be 1st State with 'junk' credit [Hosted2]
MOD 21 Jun 2017 Illinois Comptroller: 'State can no longer function' [ZeroHedge]
MOD 20 Jun 2017 Illinois careens into financial meltdown [Fox News]
LOW 16 Jun 2017 Could Illinois be the first State to file for bankruptcy? [CBS]
LOW 15 Jun 2017 Unable to pay bills, Illinois sends 'Dear Contractor” letter telling firms to halt road work on July 1 [Mishtalk]
LOW 12 Jun 2017 Illinois bond spreads explode as market pukes on latest batch of bad news [ZeroHedge]
LOW 03 Jun 2017 Connecticut's rich tapped out, State may resort to Puerto Rico bonds [WSJ]
MOD 01 Jun 2017 Credit Agencies cut Illinois to near junk, lowest ever rating for a US State [ZeroHedge]
MOD 01 Jun 2017 Credit Agencies cut Illinois to near junk, lowest ever rating for a US State [ZeroHedge]
LOW 26 May 2017 Connecticut credit risk soars to record high as tax receipts tumble [ZeroHedge]
LOW 07 May 2017 Puerto Rican bankruptcy a warning to Illinois [Illinoispolicy]
LOW 03 May 2017 Puerto Rico declares bankruptcy [NYT]
LOW 27 Mar 2017 NJ credit rating cut for 11th time... [Yahoo]
LOW 02 Mar 2017 NJ pension debt soared to $49B last year [NJ.com]