Behind the Looming L.A. Teacher Strike, Crippling Long-Term Debt That’s Left the City Little Room to Negotiate — and May Ultimately Doom the District to State Takeover

The 74 Million – Taylor Swaak

“The looming teacher strike in Los Angeles, no matter how it’s sliced, comes down to money — but not the salary raises and cost of new hires that have kept the district and its teachers union apart during nearly two years of contract negotiations. The real money problem, experts say, lies with the district’s skyrocketing long-term debt.” (more)