Public employees unions help boost state debt crisis

Published April 28, 2014 4:00am ET



Part of the Washington Examiner‘s weeklong commentary series on labor unions. To see the entire series, click here.

Federal government debt of $18 trillion represents just a fraction of America’s total debt. States hold an additional $5 trillion in liability, of which $4.4 trillion represents debt for pensions and other post-employment benefits, according to the fourth annual State Debt Report, published earlier this year by State Budget Solutions.

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