With 24 schools closed and over 4,000 employees laid off, Philadelphia public schools managed to open on time after the city pledged $50 million. Debt and pension obligations have been building for ... more 
With 24 schools closed and over 4,000 employees laid off, Philadelphia public schools managed to open on time after the city pledged $50 million. Debt and pension obligations have been building for years, federal budget cuts cost the city $130 million in aid, and there is no long-term solution. Elaine Quijano reports. less 
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Tue, Sep 17, 2013 1:43 PM EDT