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Tuesday, November 20, 2012

Fiscal cliff, with federal cuts, not imminent for school districts | EdSource Today

Fiscal cliff, with federal cuts, not imminent for school districts | EdSource Today:


For California’s K-12 districts and federally funded preschools, the “fiscal cliff” that is now consuming politics in Washington is more like a distant canyon.
(Photo by Juan Pablo Garnham)
(Photo by Juan Pablo Garnham)
The abyss refers to an across-the-board 8.2 percent cut in federal discretionary spending, including defense, that will go into effect Jan. 3 if President Obama and congressional leaders don’t reach a deal on taxes and spending to reduce the federal debt by $1.2 trillion over the next decade. Federal student loans, most child nutrition programs and the Children’s Health Insurance Program would be exempt from cuts.
The full cuts to most education programs would be painful indeed if they were enacted: $334 million alone in Department of Education funding for California, plus $75 million less for Head Start and $19 million less in