Break It Down
Thought I would give a department breakdown for this year's monster budget of $2.57 TRILLION.
Holy Military and Homeland Security spending, Batman!
(just a quick note: the "privatization" of Social Security proposal is in this budget. Shhh! It's a secret.)
Department of Education
The administration is requesting $56 billion for the Department of Education, a reduction of a half billion dollars, or 0.9 percent, from the current spending plan -- which would be the first cut in overall federal education spending in a decade.
The budget would eliminate the Perkins loan program, which provides low-interest loans to low- and middle-income college students. The budget also would end Perkins loan forgiveness for members of the armed services and Peace Corps volunteers. The budget would redirect those savings to increase spending on Pell Grants, which provide college grants to low-income students and raise the maximum award $100 to $4,150 -- the first of five annual Pell increases planned by the White House.
In all, 48 education programs would be terminated, including those providing college-readiness training to low-income high school students and federal vocational education initiatives that the White House said are not performing well or duplicate other federal efforts.
Some of the savings would be used to increase spending in several programs, including $1.5 billion to extend federal No Child Left Behind testing and accountability requirements into the nation's high schools. The federal Title I program for poor children would increase by 4.7 percent, or $603 million, to $13.3 billion, and funding for disabled students would increase $508 million to $11.1 billion.
Thought I would give a department breakdown for this year's monster budget of $2.57 TRILLION.
Holy Military and Homeland Security spending, Batman!
(just a quick note: the "privatization" of Social Security proposal is in this budget. Shhh! It's a secret.)
Department of Education
The administration is requesting $56 billion for the Department of Education, a reduction of a half billion dollars, or 0.9 percent, from the current spending plan -- which would be the first cut in overall federal education spending in a decade.
The budget would eliminate the Perkins loan program, which provides low-interest loans to low- and middle-income college students. The budget also would end Perkins loan forgiveness for members of the armed services and Peace Corps volunteers. The budget would redirect those savings to increase spending on Pell Grants, which provide college grants to low-income students and raise the maximum award $100 to $4,150 -- the first of five annual Pell increases planned by the White House.
In all, 48 education programs would be terminated, including those providing college-readiness training to low-income high school students and federal vocational education initiatives that the White House said are not performing well or duplicate other federal efforts.
Some of the savings would be used to increase spending in several programs, including $1.5 billion to extend federal No Child Left Behind testing and accountability requirements into the nation's high schools. The federal Title I program for poor children would increase by 4.7 percent, or $603 million, to $13.3 billion, and funding for disabled students would increase $508 million to $11.1 billion.
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