Economic stimulus package

Faculty supports stimulus aspects


Here's additional information that was supposed to go to print with the article.

A closer look at the Economic Stimulus Package:

Jan. 28 House passed $819B Stimulus Package
Feb. 10 Senate passed $838B Stimulus Plan
Feb. 11 Both House and Senate came to an agreement of $789B Stimulus Package

Breakdown on differences between House and Senate’s Stimulus Package in education
House
-Similar aid to states and school districts;
-$21 billion for school modernization;
-$16 billion to boost the maximum Pell Grant by $500 to $5,350;
-$2 billion for Head Start.

Senate
-$79 billion in state fiscal relief to prevent cuts in education aid and provide block grants; -$26 billion to school districts to fund special education and the No Child Left Behind K-12 law;
-$19.5 billion for school modernization;
-$14 billion to boost the maximum Pell Grant by $400 to $5,250;
-$2.1 billion for Head Start.
Source: CBS news


Sources projected:
A final vote by the House as early as Friday, with the Senate to follow, clearing the way for President Obama to sign the bill by Monday.