Senate Panel Rejects Bid to Further Boost TIF
The U.S. Senate Appropriations Committee turned back a bipartisan effort Thursday to increase funding for the Teacher Incentive Fund by an extra $100 million, after overwhelmingly approving a bill for financing the U.S. Department of Education in fiscal 2010.
Without the amendment, the bill included $300 million for the TIF, a teacher-performance-pay program that is currently funded at $97 million. The Obama administration had asked for $487 million for the Teacher Incentive Fund in its fiscal 2010 budget request, and the U.S. House of Representatives last week approved $445 million for the program.
The spending measure approved 29-1 by the Senate committee would provide $63.45 billion for the Education Department in fiscal 2010, an increase of $800 million over fiscal 2009. Though that increase would be modest, the department received an extra, unprecedented boost of up to $100 billion over two years in...
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