TALLAHASSEE — Balanced budgets aside, Florida’s finances aren’t on solid ground, a fiscal watchdog group says.

Not if you include $11.5 billion in missing debt.

Calling it a “sinkhole state,” the Institute for Truth in Accounting, a Chicago-based economic think tank, ranks Florida 38th-worst when it comes to each taxpayer’s share of total state debt.




TOWNHALL MEDIA GROUP