Thursday, January 29, 2009

Is There a Federal Bailout for Education?

With the intense conversations revolving around the Arizona budget fix, several rumors have begun to circulate about a federal bailout package for Arizona education. The purpose of this website is to provide accurate, timely information.

Is there a federal bailout coming? Based on national news reports, there is a large state stimulus program that has passed the US House and is being presented to the Senate Appropriations and Finance Committee. It will be presented before the entire US Senate shortly. We know that there is a piece for education, but we do not know the following:

1) What amendments the US Senate will add?
2) How large the financial package will be?
3) When the money will arrive?
4) What strings will be attached?
5) Whether it is for school year 2009 or 2010?

As we learn more, we will update this site accordingly. The National Conference of State Legislatures (non-partisan) has a great website at http://www.ncsl.org/statefed/2009economicstimulus.htm that provides daily updates of the progress of the Economic Stimulus package.

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