“After days of tense negotiations, congressional leaders hope to begin voting as early as Friday on a nearly $800 billion economic-stimulus bill that would provide some $100 billion for education.
“The compromise agreement, worked out by a House and Senate conference committee, would provide $53.6 billion for a state fiscal-stabilization fund, including $39.5 billion that local school districts could use to avert staff layoffs and programmatic cutbacks and to pay for school modernization, among other purposes.”
Source: Education Week
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