Headline News
June 01, 2023

Education Faces Flat Funding Under Debt Ceiling Deal

Federal education funding and all nondefense spending would stay flat in fiscal 2024 and get a 1% increase in fiscal 2025, according to a negotiated budget deal made over the Memorial Day weekend in an effort to prevent the country from defaulting on its payments.  The bipartisan agreement drew praise from both the White House and House Republican leadership who said they are working swiftly at a compromise before the default deadline of June 5. 
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