I live in Oklahoma, a poor state by any measure. However, our State pension fund is fully funded. Our benefits are not very generous, but they are secure. (I’m surprised it wasn’t listed as one of the top states, but perhaps the ones listed are even better.)
I’m not interested in bailing out California, New York, or Illinois (Chicago!).
Nor should you, but can it be stopped if Democrats and traitorous Republicans in the House and Senate decide to do this?
It will be payback for California supporting oklahoma for decades. Yes it’s true California sends more to the federal government then any state and receives very little back. As much as I can’t stand California politics, the state is supporting quite a few poor southern and middle state that struggle on their own.