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Lips, Dan – Heritage Foundation, 2009
House Democrats recently unveiled draft legislation for the American Recovery and Reinvestment Act of 2009. Widely touted as an economic stimulus package, the $825 billion draft legislation included as much as $142 billion for education. This includes the creation of a $79 billion State Fiscal Stabilization Fund to assist state governments in…
Descriptors: Economic Progress, Elementary Secondary Education, Early Childhood Education, Educational Finance
New America Foundation, 2009
President George W. Bush submitted his eighth and final budget request to the Congress on Monday. Under the proposal, fiscal year 2009 discretionary spending--spending subject to annual appropriations--would be at the same level as in the prior year for domestic programs and agencies not involved in homeland security efforts. The budget request…
Descriptors: Educational Finance, Budgets, Presidents, Federal Aid