@Builder,
I think the question related to continued operation on deficit spending. In this area the Federal government has options that states don't have; it has the power to set interest rates and control the money supply through the Federal reserve and. through its borrowing and spending policies, can indirectly control the value of the currency in which its debt is monetized. States have neither option.
Despite this both can get in trouble through excessive debt. Puerto Rico (though not a state) is a good example: Illinois is probably next. Its public employee pension fund is grossly underfunded and by the legal standards applicable to corporations would land the government managers in jail if they were subject tot he applicable laws.
The subject usually involves a great deal of hypocrisy on the part of politicians. The "resistance" Democrats said nothing about the doubling of our national debt that occurred under Obama and their governance. Their sudden conversion is remarkable and timely.
I hope all here enjoyed a happy Christmas