Posted by on September 16, 2023 6:56 pm
Categories: c3g6


Current Indicator Threat Grade


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A U.S. State begins negotiating bankruptcy.
Background on this indicator will be provided here in the near future.
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.
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Primary References

Full Indicator Record

Indicator Historical Trend
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’ []
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 []