I think the implication is that they don’t have enough money to pay off state pensions.
Those bills don’t come due for years, so yes, they could be running a current surplus, but won’t be able to pay their state pensions.
OK so post 56 contradicts that assertion.
Hmm...I don’t know then. There were claims that Bill Clinton balanced the budget, but when I looked at the World Almanac, it didn’t look like it.