School districts fear slashed budgets after supercommittee fails
Blog by Alyson Klein/Education Week
Education advocates and local school officials are nervously eyeing a series of draconian cuts set to hit just about every federal program in 2013—including Title I, special education, and money for teacher quality—now that a bipartisan panel tasked with making recommendations for trimming the nation's deficit has failed to reach agreement. Quick recap: Over the summer, as part of an agreement to raise the debt ceiling, lawmakers decided to set up a bipartisan "supercommittee" which would include twelve members of the House and Senate, half Democrats and half Republicans. The panel was supposed to come up with at least $1.2 trillion in savings over 10 years. But lawmakers failed to reach agreement. Now, a process known as sequestration, is set to kick in, beginning in January of 2013. It would mean an across-the-board cut of about 7.8 percent to most government programs, including many for education, advocates estimate. (more...)
Also: New York Times