The federal government could end California's reckless immigration stance

California has gone off the fiscal cliff. The coronavirus crisis nudged the state over the precipice, but the state got right up to the very edge all by itself. According to projections by the state’s Department of Finance, California is facing a budget shortfall of $53.4 billion, which represents a staggering 37 percent of its $147.8 billion budget. 

California, like many state and local governments, is looking for an infusion of cash from the federal government, which itself is accruing mind-numbing amounts of new debt. California likely falls under the heading of “too big to fail,” and its fiscal implosion would create an economic black hole that would suck in residents of the other 49 states.