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Legislative Update: Education Jobs Fund, Financial Literacy Bill

Contact Congress about the Keep Our Educators Working Act

As we told you earlier this month, Sen. Tom Harkin (IA) introduced S. 3206, the Keep Our Educators Working Act of 2010 which would provide $23 billion for an “Education Jobs Fund,” modeled after the State Fiscal Stabilization Fund that was established in the American Recovery and Reinvestment Act.

I just returned from a meeting where we heard that Sen. Harkin needs help relating to Senate Majority Leader Harry Reid (NV) and other Senators about the importance of funding to help states and school districts fund education jobs and provide on the job training during a time of financial crisis.

  • You can contact Senate Majority Leader Reid at (202) 224-3542.
  • You can contact your Senator through the Congressional Switchboard at (202) 224-3121.

You can share with them the financial situation in your state and why additional funding is needed to retain teachers and other education positions. Please urge them to support S. 3206, the Keep Our Educators Working Act of 2010.

Financial Education in the Classroom Act

On Wednesday, Congressman Michael Castle (DE) introduced H.R. 5165, the Financial Education in the Classroom Act.  The goal of this act is to improve the financial literacy for students in grades K-12 by strengthening the existing financial and economic education section currently under Title V of ESEA.  The bill would establish a competitive grant program for states who demonstrate a commitment to bringing financial literacy education to their schools.  Subgrants would then be awarded by States to school districts who partner with groups in the community to achieve student financial literacy through the teaching of personal financial management skills and the basic principles involved with earning, spending, saving, investing, credit, and insurance.

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