The taxpayers in California are going to get gouged in the long run to pay all that Federal debt.
It'll leave that much less for them to pay in State taxes!
In a sane world we would cut aid to the bloated deficit states, and give a bonus in aid to the balanced budget states. The latter are the ones who might be needing and deserving help.
And it won't help. As soon as states start getting a Fed bailout they will spend like drunken sailors. And why not? Big Brother has all the money anyway, they just let you borrow some of it.
Until governments develop a culture of fiscal responsibility this will only make the situation worse.