Final Version of Stimulus Package Provides Roughly $100 Billion for Education

2/13/2009 3:10:43 PM

“After days of tense negotiations, congressional leaders hope to begin voting as early as Friday on…

“After days of tense negotiations, congressional leaders hope to begin voting as early as Friday on a nearly $800 billion economic-stimulus bill that would provide some $100 billion for education.

“The compromise agreement, worked out by a House and Senate conference committee, would provide $53.6 billion for a state fiscal-stabilization fund, including $39.5 billion that local school districts could use to avert staff layoffs and programmatic cutbacks and to pay for school modernization, among other purposes.”

Source: Education Week