Missouri receives high marks for fiscal solvency in new study
Wednesday, July 19, 2017
State Treasurer Eric Schmitt says state is in good fiscal health but needs to plan ahead
JEFFERSON CITY, MO – Missouri is in a strong fiscal condition according to a new study conducted by researchers at George Mason University. The study ranks Missouri 11th among all states for fiscal solvency.
“This study confirms Missouri is in good fiscal health but that doesn’t mean we should stop thinking ahead,” said Missouri State Treasurer Eric Schmitt, who serves as the state’s Chief Financial Officer. “We can protect Missouri taxpayers by learning from the mistakes of states like Illinois and planning for the future. Stakeholders in Jefferson City must ensure our state remains a leader on fiscal solvency by addressing our pension liabilities, protecting our AAA credit rating, reducing our tax burden and shrinking the size of government.”
The fully study is available here: https://www.mercatus.org/statefiscalrankings