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18%  
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Keyword: lowdebt

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  • Texas' Interest Payments On Government Debt: Third Lowest In America.

    08/12/2011 5:17:53 PM PDT · by hocndoc · 11 replies
    Willisms ^ | August 12, 2011 | Will Franklin
    Trivia Tidbit of the Day: Part 938 -- Texas Debt Among Lowest In Nation- From the Tax Foundation: "With so much recent discussion of the fiscal outlook of the federal government, it's worth looking at the solvency of state governments as well. Today's map shows how much interest on their debt the states pay as a percentage of their direct spending. Texas also has the second lowest state debt as a percentage of personal income. While it is true that voters in Texas have approved far more bond debt, mostly for roads, in the past decade (voters, even conservative Texas...