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New Jersey’s Crushing Debt Per Person | Jersey News
New Jersey’s crushing debt burden just got a spotlight: with $22,968 per resident in 2023, it’s second only to Connecticut nationally. That’s $213 billion total—fifth highest in the U.S.—but the real pain point? It’s per capita. Pension promises, healthcare for retirees, and a shrinking population (thanks to high living costs) are stacking up the pressure. While California and Illinois lead in long-term debt, states like Tennessee and Nebraska are barely breaking $2,600 per person. New Jersey’s heavy load isn’t just numbers—it’s a slow-burning crisis that’s getting heavier by the year. Listen…
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