Hawaii’s bills exceed its assets—and $10 billion of those bills are unreported retirement and pension liabilities.
This is because state officials are using outdated accounting practices that ultimately cover up Hawaii’s true debt situation. We at TIA have seen the light, and want to spread the word. C’mon Hawaii, let’s get back to care-and-debt-free fun in the sun! The first step in that direction is full public disclosure and transparency. READ MORE
Read the full article on: State Data Lab