Top 10 States in Deepest Debt

The worst-off are not who you might suspect

By Nick McMaster

Posted Jan 30, 2011 10:55 AM CST

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Top 10 States in Deepest Debt — In this file photo, the seal of the State of Rhode Island is seen on the floor of the Statehouse rotunda In Providence. (AP Photo/Susan E. Bouchard, File)

Forty-four states will likely come up short of their budgets in 2012, a development that has lawmakers considering a special bankruptcy provision for states. But which are deepest in the hole? The Daily Beast crunched the numbers, factoring in not just debt but unfunded pension and health care obligations. Here's the top 10:

Rhode Island
Connecticut
Massachusetts
Illinois
Hawaii

New Jersey
New Hampshire
Indiana
Louisiana
Oklahoma

Click for the rest.

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