Editor's Note: This information was released from Congressman George Miller, Chairman of the House Education and Labor Committee.
The final agreement reached by House and Senate negotiators includes:
Save and Create Jobs, Prevent Education Cuts
A $53.6 billon state stabilization fund to help states prevent cutbacks, layoffs, create jobs by modernizing schools and colleges and meet other needs. $5 billion of this fund will be used as bonus grants to states that make progress on key education reforms, like getting better teachers in high-need classrooms and improving the quality of assessments.
$13 billion in Title I – which goes to educate low-income students – for school districts and $12.2 billion in IDEA funding to help districts educate students with disabilities.
$2.1 billion for Head Start and Early Head Start, to expand critical early education opportunities for an additional 124,000 low-income infants and children. According to estimates, this will also create 50,000 new early education jobs.
$2 billion for Child Care Development Block Grants to provide child care services to an additional 300,000 low-income children while their parents are at work.
Immediate Aid to Make College More Affordable
$500 increase in the Pell Grant scholarship for the next school year – a boost that will benefit up to seven million students. In FY 2006, almost 75 percent of Pell Grant recipients had family incomes of $30,000 or below.
Creates a new $2,500 tuition tax credit to help an additional four million students families pay for college.
Helping workers find jobs
Almost $4 billion for job training programs to help prepare laid-off, adult, and younger workers prepare for jobs in emerging industries including green jobs.
$500 million to help prepare Americans with disabilities for employment.
$120 to provide community service jobs to an additional 24,000 low-income older Americans.
$500 million to help states place unemployed workers in open jobs.
Affordable Health Care for Unemployed Workers
Workers who recently lost their job will be eligible to receive a 65 percent subsidy towards their COBRA premium for up to nine months – helping both recently laid-off workers and older workers and tenured workers stay covered by expanding access to affordable health care coverage.
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