TEXAS TAKES ADVANTAGE OF THE FEDERAL STIMULUS PACKAGE!
BILLIONS AND BILLIONS OF DOLLARS!
Governor Rick Perry has made it clear Texas won’t accept certain federal dollars from the Stimulus package. But while we’ve said no to millions we have pocketed billions. Overall, the state has received at least $12 billion from the Recovery Act according to federal lawmakers. A third of that has gone to education. Here’s a report from the state addressing the federal dollars. Should Texas reject that money as well?
On February 13, 2009, the U.S. Congress passed the American Recovery and Reinvestment Act of 2009 (ARRA) to provide $787 billion in federal funds, tax cuts, and other benefits for stimulating the economy. This included nearly $224 billion for increased federal funding of education and health care programs, as well as entitlement programs.
The Texas Education Agency (TEA) had been awarded 8 grants totaling $4.5 billion in ARRA funds from the U.S. Department of Education as of December 31, 2009 (see Appendix 2 for more information about these grants).