Some $20 billion for school modernization and $1 billion for educational technology are among nearly $150 billion in funding targeted toward education in the House version of the new economic stimulus package, which lawmakers introduced Jan. 15.


Working closely with President-elect Barack Obama, House Democrats called for $825 billion altogether in federal spending and tax cuts to revive the economy, with strong emphasis on energy, education, health care, and jobs-producing highway construction.


The legislation calls for federal spending of roughly $550 billion and tax cuts of $275 billion over the next two years--totals certain to change as the measure works its way

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