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$1.4 Billion in Recovery Funds Now Available for Pennsylvania to Save Job and Drive Education Reform

U. S. Secretary of Education Arne Duncan today announced that $1.4 billion is now available for Pennsylvania under the American Recovery and Reinvestment Act (ARRA) of 2009. This funding will lay the foundation for a generation of education reform and help save hundreds of thousands of teaching jobs at risk of state and local budget cuts. Pennsylvania will be eligible to apply for another $514,403,320 later this fall. Today’s funding is being made available per Pennsylvania’s successful completion of Part 1 of the State Stabilization Application, which was made available on April 1.

“The Recovery Act was designed to meet two critical challenges: rescue the economy from the immediate peril it faces and invest in the building blocks of a strong economy,” Secretary Duncan explained. “The Recovery Act investments in our students and our schools will have a huge payoff in the years ahead.

“The $1.4 billion Pennsylvania will receive today is part of the single largest boost in education funding in recent history,” Secretary Duncan added. “The President’s leadership and support from Congress have made this historic investment possible. Pennsylvania can now utilize these funds to save jobs and lay the groundwork for a generation of education reform.”

Datum: 05 November 2009
Bron: Press release ed.gov

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