“… We question whether any fiscal rules could be effective in constraining deficits and debt in a failed state such as Illinois. The expectation is that the State of Illinois will continue to be dependent on federal bailouts, and local jurisdictions will continue to rely on state bailouts. The genesis of these expectations is found in the federal bailouts received during the 2008 financial crisis. … Banks and financial institutions continue to extend loans to failed states, anticipating that they will be bailed out by the federal government. …”