Posted on 08/10/2010 2:00:49 PM PDT by Andrea19
The House is returning from recess today to stage a vote on the FMAP/State Education bailout bill that passed the Senate last week. As with the cash infusion of “stimulus” funds that states have used over the past year and a half to keep bloated spending afloat, this recent infusion of federal cash only provides states with the excuses they need to continue to overspend. A recent article in the Wall Street Journal pointed to the explosion in federal education spending in the past few years has not produced any tangible benefits: Total education spending grew by 32% between 1999 and 2009, while K-12 enrollment has grown by less that 1% each year over the same time period...
(Excerpt) Read more at fiscalaccountability.org ...
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