July 18, 2011 3:22 AM

Commentary: Texas' fast-growing debt tops that of U.S. government's

For all the controversy over the national debt ceiling, here's a surprise: Since 2001, the debt load in conservative Texas has grown faster than the federal debt. Texas has been borrowing more than most other states, too. And local entities, from cities to school districts to transit authorities, have been piling up even more debt.

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