...would only become effective the moment the Federal Government bails out any state from its debt.
The Secondary budget would be 100 times the primary budget...at least. Maybe more. Actually, it would be called a budget, but we would redefine "budget" to mean a spending plan that would be capped at the actual cost of the spending programs, not by an arbitrary number which could limit the good government could do.
The secondary Budget would build highways, airports, nuclear power plants, world class universities, high speed rail to every town over, say, 10,000 people. Factories of all types (semiconductor, pharmaceutical, auto, steel, whatever) would be heavily subsidized.
It would slash taxes to nothing. Businesses would love it.
Then we just sit and wait for the feds to bailout California, or Illinois, or any of the other irresponsible blue states.