According to a government report released today, struggling states have been using their piece of the stimulus money pie to solve immediate problems, rather than to establish the framework for fiscal strength in the future. The Government Accountability Office report reveals that many states have been divesting money from long-term programs to prevent layoffs and keep state initiatives afloat.
 
One of the hardest-hit sectors of most states is education, with states funneling money from education to other needs. School district officials across the country have expressed their concern over the lack of funding that has left many of them unable to …read more

An article in The Chronical of Philanthropy today discusses an economic stimilus package proposal released by the House Democrats. The proposal is for extensive funding of federal and state programs that channel money through nonprofits to ease economic situations for millions of Americans.
The price tag on this economic stimilus package is $825 billion, currently. The relief portion earmarked for nonprofit associated organizations comes to several billion dollars.
Highlights include:

$200 million to AmericaCorps for expansion by 16,000 members.
$50 million to the National Endowment for the Arts
$50 million to Youth Build USA, a group in Somerville, Mass. that provides jobs for low-income youths in constructing …read more