Video: '60 Minutes' investigates state governments with mountains of debt and uncontrolled spending: "Last night, '60 minutes' ran a segment on the economic crisis facing state and local governments.
'The day of reckoning is at hand,' the '60 minute's' Steve Kroft announces ominously, 'The States have collectively spent a nearly half a trillion dollars more than they collect in their taxes, and there is a trillion dollar hole in...
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