The economic stimulus package that President Obama fought so hard to sell last night in his first public address passed the Senate today. They approved $838 billion, the largest government stimulus since World War II.
From that package, $83 billion is being earmarked for education, significantly less than the $150 billion approved by the House last week. Newly seated Secretary of Education Arne Duncan says it is “not nearly as much as we need,” and without funding, more than 600,000 education positions stand to be cut due to continuing strain on state budgets.
Under this stimulus spending for Title I and Pell Grants will increase and will make emergency funds available to public schools and state universities.
See more on this story from the New York Times.