re: Illinois Could be first state to file bankruptcy

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You're banking on Cali being the first when they lead country in state gdp
?

How deluded are you?

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In a letter to legislative leaders Dec. 2, Genest said the state “will begin delaying payments or paying in registered warrants in March” unless an $11.2 billion deficit is closed or reduced. California, which approved its budget less than three months ago, may run out of cash by March, state officials say.

California debt

Having a large economy does not mean a thing if you are spending too much money.

ETA
In fairness, my link is from 2008, but lets not kid ourselves that California has not been in trouble. If they strike out on their own with Healthcare, as they have been talking about, California will probably go bankrupt.

Aaaaaand, one from 2017 talking about the California economy being near collapse.

[link=(California Economy Near Collapse – Pension Funds Close To Bankruptcy!)]California economy near collapse[/link]

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Yeah and the GOP model of trickle down worked great

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Let me know when you get hired and paid by a poor person.