Well quite a few states are heavily indebted. While many if not the majority have balanced budget rules they and the cities circumvented fiscal responsibility b

Well quite a few states are heavily indebted. While many if not the majority have balanced budget rules they and the cities circumvented fiscal responsibility by making out too many promises to government and union retirement programs. That is their real time bomb and quite a few states are/will be in the same boat as Greece when time comes to pay up