Topsy

Schools at the edge of the stimulus cliff

Last year’s $787 billion stimulus included $100 billion for education meant to cushion state and school district budgets. As anticipated, state and local revenues haven’t rebounded and federal funds will be spent at the end of the school year. An analysis done by Rutgers University shows the “largest-ever federal infusion of education money” will leave states in the same boat as last... moreLast year’s $787 billion stimulus included $100 billion for education meant to cushion state and school district budgets. As anticipated, state and local revenues haven’t rebounded and federal funds will be spent at the end of the school year. An analysis done by Rutgers University shows the “largest-ever federal infusion of education money” will leave states in the same boat as last year, forced to choose some mix of tax hikes and spending view page