What Happens When States Cannot Pay Their Bills
Fergus Hodgson, October 5, 2020 
Most citizens are unaware that US states that claim to balance their budgets are actually stiffing creditors and taxpayers. Sheila A. Weinberg, the founder and CEO of Truth in Accounting, explains how state governments resort to accounting gimmicks to obscure the true condition of their finances.
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This week in our Discovery Group segment, we interview Alex Heath, head of corporate development with K2 Gold (TSX-V: KTO), whose Mojave project in California is about to start its drill program. 
Recommended Links
- Connect with Truth in Accounting on Facebook, YouTube, and Instagram.
- Read the latest Financial State of the States report and visit Data-Z.
- “Thirty-Nine States Ill-Prepared for Coronavirus Pandemic,” Truth in Accounting.
- “Alaska’s Universal Basic Income Problem,” Vox.
- “Fiscal Policy Report Card on America’s Governors 2020,” Cato Institute.
If You Liked This Episode
- “The Ticking Time Bomb of State Debts,” Gold Newsletter Podcast.
- “What Sinkhole States Don’t Want You to Know,” Gold Newsletter Podcast.
- “The Pension House of Cards,” Gold Newsletter Podcast.
- “Cris Lingle: Unions Dug Their Own Pension Grave,” Gold Newsletter Podcast.
Fergus Hodgson is Gold Newsletter’s roving editor. Follow him on Twitter and Facebook.