Washington Examiner – New Jersey and Illinois unsurprisingly are the two states with the worst finances, according to a new ranking published by the Mercatus Center, a libertarian think tank at George Mason University.
Those two blue states led by Republican governors, which have been wracked by fiscal crises in recent days, were joined at the bottom of the rankings this year by a third: Massachusetts.
Kentucky and Maryland round out the top five fiscally mismanaged states.
On the other end of the spectrum, five red states can claim to be the best managed: Florida, the Dakotas, Utah and Wyoming.
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