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NYS to Save Thousands of Jobs With The Passing of $26 Billion in Aid

President Barack Obama signs a $26 billion jobs bill to protect 300,000 teachers and other nonfederal government workers from election-year layoffs, in the Oval Office at the White House in Washington on Aug. 10. —J. Scott Applewhite/APAfter months of negotiating among lawmakers, Education Departments nation-wide will be receiving relief in the form of $10 billion in school funds recently made possible with the passage of a $26 billion dollar aid package during a special session of the House called yesterday by Speaker Pelosi. The objective is a combined effort to prevent 300,000 teacher and public sector layoffs with $16 billion reserved to help state governments bridge massive Healthcare/Medicaid expenses weighing heavily on their budgets. In order… Read More

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