Oct
20
Stimulus spending saved 250,000 jobs in education
October 20, 2009 | Leave a Comment
250,000 educators would be out of work today, if it were not for the federal stimulus bill. At least, that is the conclusion of the White House and the Department of Education.
In a report designed to update taxpayers on where the stimulus is going, one of the claims is that more than $100 billion of the $787 billion in stimulus funds Congress approved will be allocated to education-related fields.
The report acknowledges that not all threatened jobs were saved: “Recovery Act funding has enabled states to restore nearly all of their projected education budget shortfalls for FY09 and FY10.”
For more, see the Department of Education’s press release.
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