
School districts would get $10 billion in additional funding to help them avoid laying off teachers, and college students would get $5 billion more in Pell Grant money to account for a shortfall in that program, under a supplementary spending bill passed by the U.S. House of Representatives July 1. But the additional funding would come at a price for other programs, including $600 million in cuts to broadband stimulus funding and $800 million in cuts to school-reform initiatives.
The changes are part of an $80 billion war spending bill needed to pay for President Obama’s decision to send 30,000 additional U.S. troops to Afghanistan. As of press time, the bill was awaiting action in the Senate.
The president has promised to veto the bill over its proposed cuts to his school-reform initiatives, including $100 million in charter school funding, $200 million in Teacher Incentive Fund money, and $500 million from the Education Department’s showcase “Race to the Top” (RTTT) program.…Read More