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This is how much your kid’s school’s budget has been cut

This is how much your kid’s school’s budget has been cut

It’s no secret that states have been in a precarious fiscal situation since the recession hit. During economic downturns, tax revenue falls as incomes do, and spending on safety net programs increases. The result is a budget shortfall that states — 49 of which have constitutional amendments requiring balanced budgets — have to raise taxes or cut spending to close.

And because it’s one of the main things that states fund, K-12 education has been dealt quite a blow in the process. While some states have increased funding — although only Iowa and North Dakota increased it by over 10 percentage points — most have cut it, with 13 implementing double-digit cuts. That thirteen includes highly populated states like California, Texas, Georgia, and Virginia, so if anything the above chart underestimates the scope of cuts for the typical American student.

Click “Know More” for more context from the Center for Budget and Policy Priorities, which produced the above chart, on K-12 cuts.

Dylan Matthews | December 12, 2013 at 3:01 pm
Know more: http://www.cbpp.org/cms/index.cfm?fa=view&id=4011
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