On this President’s Day, President Obama plans on signing the federal “Recovery and Reinvestment Act of 2009” into law. This act contains $789 billion in new federal spending or tax cuts with up to $100 billion potentially going to public education programs. This historic increase in education spending, and the changes that it will bring with it, may be difficult for some policymakers and their staffs to “get their heads around”. For this reason ECS has prepared this preliminary summary to help explain:
1. How much new education funding states can expect to receive
2. How the funds will be distributed and how they can be spent
3. How policymakers can explain this new funding to their constituents
4. Things to think about.