Education Law

Funding education

Last night the U.S. House of Representatives approved legislation to provide $10 billion to save K-12 educational  jobs.

But there is opposition from the Obama administration, which could veto the measure because while it provides funds to save education jobs,  the legislation would also cut $800 million for some of the Obama administration?s key K-12 initiatives.

Education Week’s blogs, Politics K-12  shares the details about the $800 million in cuts:

The legislation takes aim at three of the administration’s most prized education priorities. That includes cutting $500 million from the $4.35 billion Race to the Top program, which rewards states for making progress on certain education redesign initiatives.

It also would cut $200 million from the Teacher Incentive Fund, which doles out grants to support pay-for-performance programs, and $100 million intended to help start new charter schools. The TIF received $400 million in fiscal year 2010, plus $200 million in the American Recovery and Reinvestment Act, passed last year. The charter program received $265 million in federal funding.

The money cut from the education programs would go toward a $10 billion fund aimed at helping states keep an estimated 140,000 teachers on the job and toward providing nearly $5 billion to help close a major shortfall in the Pell Grant program, which helps low-income students gain access to college.

 
The legislation now heads to the Senate.

Full post as published by BoardBuzz: NSBA's Daily Weblog on July 02, 2010 (boomark / email).