Spending Like A Drunken Sailor!

This is a good find by Andrew Sullivan. Here are a few snippets from the read:

"In fiscal 2003 — the last fiscal year Palin approved the budget — the total government debt service was $658,662. In fiscal 1996 — the year before Palin took control of the budget—the debt service was $390,385. The increase was 69 percent. [Wasilla Comprehensive Annual Financial Report 2003, Table 1]"

"Palin Left Behind Almost $19 Million In Long-Term Debt, Compared to None Before She Was Mayor"

"In fiscal 2003—the last fiscal year Palin approved the budget—the ratio of debt service to general government expenditures was 6.24 percent. There was no long-term debt before she took office. [Wasilla Comprehensive Annual Financial Report 2003, Table 11]"

http://andrewsullivan.theatlantic.com/the_daily_dish/2008/09/a-fiscal-conser.html#more

For more, look at the link above.