History of IDEA
Jeannie Oakes, Founder and Former Director
Youth Voice in School Finance
NEW REPORT: Los Angeles' road to A-G for all
Without Dollars and Sense Powerpoint
Past Educational Opportunity Reports
States and districts: Better spend your stimulus money now
- 01-24-2011
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By Michele McNeil/Education Week
The latest U.S. Department of Education data indicate that states and school districts have $27 billion in stimulus cash still sitting in the bank, waiting to be spent. While states and districts have until at least Sept. 30, and sometimes much longer, to spend the money, some House Republicans are offering another incentive to quickly deplete those stimulus funds: They might want the money back. That's according to this Washington Post story about the conservative Republican Study Committee's desire to chop $100 billion from the federal budget. (This committee represents more than two-thirds of House members, the story says, so their recommendations will certainly carry some weight.) House GOPers are eyeing unspent stimulus funds, of which there might be as much as $45 billion, to pay for those cuts. And several billion of those unspent dollars are education funds. For a look at state-by-state breakdowns of how much education stimulus money states have left, see my earlier post. (more…)
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