President Obama plans on involving the government in education funding more than ever before, ushering in "a new era in federal education spending". Obama's stimulus bill will raise spending on Title I schools, special education, and Pell Grants,
the most important federal program of aid to college students. The
proposed stimulus bill will raise federal education funds to about $135
billion this year, and to about $146 billion in 2010. Other federal
agencies would administer about $20 billion in additional
education-related spending.
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