This is only one teacher's union from on state. Odds are that a majority of states are in this same situation. Are we going to have to bail them all out? It would take trillions more.
Personally, I think he will try to payback as many of his supporters as he can with taxpayer monies. There will be places where he won’t have to however. For instance, if the teachers pension funds in California were in question, I don’t think he would intervene because he doesn’t need them to carry California in the future.