Public Education
Chicago Public Schools weighs furloughs, spending freeze despite fierce union oppositionWhile furloughs and spending freezes are rising in public schools nationwide, Chicago Public Schools (CPS) had appeared unlikely to pursue such actions until last week, when it announced steps… Read More
Public Education
Maryland’s largest district mulls fewer staffing roles to address budget deficitMore than 400 positions across Maryland’s Montgomery County Public Schools (MCPS) could disappear under a proposal the state’s Board of Education will consider June 4. “The proposed cuts… Read More
Politics
Report: US added nearly $700 billion to national debt in four months(The Center Square) – The U.S. government added $696 billion to the national debt over the past four months, borrowing $94 billion in the month of January alone, the… Read More
Public Education
Nation’s No. 2 school district faces budget crisis after years of high spending(Daily Caller News Foundation) – The Los Angeles Unified School District (LAUSD) will vote Tuesday on a spending plan for the 2025-26 school year that runs almost $3 billion deeper… Read More
Public Education
LAUSD expects $1.3B deficit; per-student budget up 229%, students down 29%(The Center Square) – Los Angeles Unified School District reports student enrollment is down 29% while per-student spending is up 229% and staffing rose 21% since the 2012-2013 school year. Read More
Public Education
America’s 5th largest school district announces budget deficit after union dealA Nevada school district is facing a budget crisis related to low enrollment and exorbitant teacher raises. The Clark County School District (CCSD) – the fifth largest district… Read More
Public Education
Moody’s warns public school finances will deteriorate as experts ring tax revolt alarmsThe world’s premier financial rating service issued a report that warns school districts they will be facing increasing financial problems due to shifting conditions in the “education operating environment.”… Read More
Culture
‘Shocking’: Federal deficit grows by 2% in 4 months(The Center Square) – The latest federal budget projections paint a troubling picture of the U.S. fiscal problem. The U.S. Congressional Budget Office released new estimates this week… Read More
National
CBO: Federal debt is growing faster than expected, deficits will average $2 trillion(The Center Square) – The U.S. Congressional Budget Office, the official budget projection resource for the federal government, released a string of alarming figures in its latest projections this… Read More
National
CBO: Debt to surpass GDP at record level over next decade(The Center Square) – The Congressional Budget Office released its economic outlook for the next decade and projected record high debt levels compared to the nation’s Gross Domestic… Read More
National
Gas prices hit new record high in U.S.(The Center Square) – Gasoline prices hit a new high in the U.S. on Monday, with the average cost of a gallon of regular gas at $4.48. That’s… Read More