Overall, Indiana school districts stand to lose a sum total of more than $114 million because of a 7.8 percent across-the-board cut, the analysis shows. That said, no district would lose more than 3 percent of their total revenues because of the automatic cuts.
With the supercommittee’s deadline looming, something like $3.5 billion in education funding could now be in jeopardy — and that pain could be concentrated in a handful of Indiana districts.
For the Congressional supercommittee, failure is not an option, right? President Obama said it himself, didn’t he? If the supercommittee doesn’t agree on budget cuts to reduce the nation’s deficit, $1.2 trillion in budget cuts — including $3.5 billion to federal education programs — would kick in automatically. Or would they? Jason Delisle, director of [...]
Remember how we told you in August to circle November 23 on your calendar? What with November coming Tuesday and all, we thought we’d remind you that’s the day deep, automatic, across-the-board spending cuts kick in if the Congressional “supercommittee” charged with reducing the federal deficit doesn’t reach a deal. With the deal still, for [...]
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