States do not need to go bankrupt or raise taxes. They need to create state electronic banking systems. They can pay all of the
states bills with digital money good anywhere in their state and exchangeable with the US Dollar. They can create float.
Get smart, states! The Federal Government should create new money and give it to the states. The Federal Reserve stands in the way of that! Pay all employees with digital plastic credit cards.The Federal Reserve Banking System needs some competition.