What happened to the Massachusetts debt? Mitt Romney happened!
Mitt Romney was elected governor of Massachusetts and took office in January of 2003. He did not seek re-election, and left office in January of 2007.
Source: Compiled by Veracity Stew with data from US Census Bureau.
Data points represent the state’s debt at the end of each fiscal year. Massachusetts debt broke the previous years’ trend and took a steep jump from $48,478,722 at the end of fiscal year 2003 to $57,163,315 at the end of fiscal year 2004. So much for “small government” and “curbing spending”!
[Data Source: US Census Bureau]
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