Wednesday, August 4, 2010

A stimulus, band aid, or both?

I learned on the Washington State Budget and Policy Center blog that the Senate bill to preserve education jobs passed an important vote this morning. It would mean money to states to keep teachers and would also mean that our state could balance the budget without the need for another special session. This Seattle Times post gives information on how the bill, if passed by the House, will impact Washington state.

As shared in this Flypaper post, however, not all are in support of the revenue in this bill identified for saving teacher jobs. This Boston Globe article published before the vote gives more detail on the bill and the President’s support of it. Now that the money will not come from reducing revenue in Race to the Top he and Secretary Duncan support this version.

If passed, this will be viewed as a necessary stimulus by some and another band aid on a flawed state revenue model by others.

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