President Obama joined Secretary Duncan on July 24, 2009, to announce Race to the Top — a national competition for states to lead the way in school reforms, backed by historic levels of financial support. They announced funding available for reform under other Recovery Act education programs as well. See video here:
Overview of the Recovery Act
The American Recovery and Reinvestment Act of 2009 (Recovery Act) was signed into law by President Obama on February 17th, 2009. It is an unprecedented effort to jumpstart our economy, create or save millions of jobs, and put a down payment on addressing long-neglected challenges so our country can thrive in the 21st century. The Act is an extraordinary response to a crisis unlike any since the Great Depression, and includes measures to modernize our nation’s infrastructure, enhance energy independence, expand educational opportunities, preserve and improve affordable health care, provide tax relief, and protect those in greatest need.
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