WASHINGTON (AP) _ Sen. Michael Bennet says Colorado schools will
get as much as $900 million in federal economic stimulus money _
enough to save the jobs of thousands of teachers.
Bennet, a democrat and a former Denver public schools superintendent, said Wednesday the first transfer of funds to the state for K-through-12 districts will happen in 30 to 45 days.
He says $760 million of that is meant to help prevent severe layoffs and other cuts that many districts are facing due to the economic downturn.
He says another $110 million is available for programs to help disadvantaged students improve their reading and math skills.
He says the money may not prevent ``every single layoff'' but will help soften what otherwise would have been severe cuts.
(COPYRIGHT 2009 BY THE ASSOCIATED PRESS. ALL RIGHTS RESERVED.)