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
Bernanke to budget-cutting state and local governments: Don't shortchange education
- 03-03-2011
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By Neil Irwin/Washington Post
Even as state and local governments take difficult steps to balance their budgets and address long-term shortfalls in their pension systems, they should not neglect the education and training programs that are the key to the nation's competitiveness, Federal Reserve Chairman Ben S. Bernanke argued Wednesday. Sticking his toe into an increasingly fraught political issue - a standoff over bargaining rights for public workers in Wisconsin is only the most vivid example of a debate happening in many states - Bernanke acknowledged that the trade-offs facing state officials are "daunting," but he made the nuanced argument that states could adjust their tax codes and budget policies to avoid having to make severe cutbacks during recessions. (more...)
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