The U.S. Department of Education (ED) would receive nearly $70 billion under President Barack Obama’s FY2013 budget, which he presented to Congress on Feb. 13. The $69.8 billion budget request represents a 2.5 percent increase—up $1.7 billion—from the 2012 budget.
Notable funding areas include a $14 billion one-time investment in key reform areas: aligning education programs with workforce demands, supporting high-quality teachers, and increasing college quality and affordability.
Race to the Top, Obama’s signature school reform program, would receive $850 million under the budget proposal. A large portion of that sum would go to early learning, and the 2013 competition would, in part, focus on helping state and local districts support reforms and innovations to close achievement gaps and increase student achievement.…Read More