State Finances

Barron's has a great cover article with a useful chart comparing the AAA and AA+ state finances. S.C. has the 5th highest Federal spending as a % of GDP at 24.9%. The range is 10.6% (Delaware) to 29.8% (Virginia). S.C. also is in the top handful in Medicaid spending as a % of outlays with 22%. The range here is even wider with Wyoming @ 7% and N.C. with 37%!