education spending

I must admit that I am very impressed with two big statements from the Obama administration this week. It is refreshing to see such honesty and transparency in public policy especially in the critical area of education.

The first came from Vice President Biden in Delaware while addressing the teacher's union highlighting the need to get results from the stimulus dollars for education:

State and local budgets are going to get very tight for at least the next two years. You can already see it happening in Michigan, Virginia, South Carolina, Florida, Maryland, Nevada and many others. From NCES data for 2005, $214 billion came from local and $228 billion came from state coffers for education with only $45 billion from the Feds.