Wednesday, August 11, 2010

President Signs Ed Jobs Funding Bill into Law

Yesterday, the House returned from its August recess to pass the Senate's Education Jobs bill by a 247-161 vote. President Obama also signed the bill yesterday.

The bill provides $10 billion in funds to keep educators working in schools around the country who would otherwise have been laid off. The funding for education jobs is allocated solely for K-12, but states must provide assurances on funding for K-12 and higher education. The bill also includes $16.1 billion for federal Medicaid assistance.

To view the Department’s news release on the legislation, visit: http://www.ed.gov/news/press-releases/congress-passes-bill-provide-10-billion-support-160000-education-jobs-nationwide. To view a state-by-state table projecting how the $10 billion will be allocated and how many education jobs will be funded, visit: http://www.ed.gov/sites/default/files/edjobsfund-allocations.pdf.

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