Obama issues budget veto threat
By Alyson Klein/Education Week
President Barack Obama just issued a veto threat on the House Republicans' spending plan, which would cut education funding by nearly $5 billion for the current fiscal year. Here are the exact words from the administration: "The Administration is committed to cutting spending and reducing the deficit so that current government spending does not add to the debt and has put forward a plan to do just that. However, the Administration does not support deep cuts that will undermine our ability to out-educate, out-build, and out-innovate the rest of the world. (more...)