Institutions continue to receive billions in stimulus funds
MCH provides the latest information about billions in economic stimulus funding.

Bipartisan Compromise Cuts Billions from the Stimulus Bill

CNN obtained a list of the items that were either partially or fully eliminated from the stimulus package by the bipartisan committee. Highlighted below are the cuts that will negatively impact healthcare, education, and technology. In addition to the listed funds, institutions will also be impacted by the $40 billion cut from the proposal for state fiscal stabilization.

  • $19.5 Billion – School & Higher Ed Construction
  • $2 Billion – Broadband
  • $2 Billion – Health Information Technology Grants
  • $1 Billion – Head Start
  • $600 Million – Title I (NCLB)
  • $100 Million – Distance Learning
  • $98 Million – School Nutrition

After the Senate votes on the bill, it will go to committee to iron out the differences.

In a town hall meeting in Indiana today, the President discussed the economic stimulus plan, saying “You know, look, it’s not perfect…But it is the right size, it is the right scope…it has the right priorities to create jobs that will jump-start our economy.”

President Obama will address the nation from the White House tonight.

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February 9, 2009   No Comments

Education Funding Alert

The Washington Post reported today that the bipartisan Senate group recommended cutting at least $100 billion from the economic stimulus package. Education funding at risk includes:

  • $39.8 billion for state education departments
  • $14 billion for education programs including special education and Head Start

“Majority Leader Harry Reid said he would allow the centrist bipartisan group to continue working and that, if it reaches consensus, he will schedule a vote for today on final legislation. If that fails, he will call for a rare Sunday session for a key procedural vote that would require 60 votes for passage.”

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February 6, 2009   No Comments