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Report says state hides true debt

JULY 1, 2015 | NEW HAMPSHIRE UNION LEADER

By Garry Rayno, includes “New Hampshire’s financial reporting system fails to report the state’s true debt said a national organization tracking states’ finances. According to a report issued by Truth in Accounting (TIA), a Chicago-based think tank that analyzes government financial reporting, New Hampshire failed to report 68 percent of its retirement debt due mostly for state employee health care costs…” 

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