India, Aug. 20 -- A rumor circulating online has claimed that as of August 2025, Nebraska is on the verge of bankruptcy because of tariffs and labor shortages after immigration raids were carried out. This claim, however, does not appear to be true, snopes.com has revealed.
The state constitution says that Nebraska must balance its budget every year; it cannot have a debt and cannot go bankrupt. Farmers in Nebraska, however, have been experiencing uncertainty due to new economic measures. This did put a strain on its grain sales to China.
A rumor that circulated this month claimed that Nebraska was $500 million short of its budget because of the economic damage tariffs and labor shortages inflicted on its farms. Immigration raids caused...
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