It does mot seem that California is going bankrupt anytime soon as the state has a budget surplus. On the other hand, Texas does not.
I guess you've never heard of the Texas 'rainy day fund'.
It's not a budget 'surplus', which is money stolen from the citizens through overtaxation. It's an actual savings account, which is generated through saving a portion of the state taxes on oil and gas development.
The fund now stands at $10 Billion dollars.
Not sure why you singled out Texas to hate on. You don't fly a state flag on your home page, so I can only assume you're one of those Californians who just can't stand successful red states.