S Amdt 177 - Education Amendment - National Key Vote

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Title: Education Amendment

Vote Smart's Synopsis:

Vote to adopt an amendment to the Senate's 2006 Fiscal Year Budget Resolution that would adjust education funding while still reducing the deficit by $5.4 billion.

Highlights:

  • Closes $10.8 billion in corporate tax loopholes.
  • Restores education program cuts slated for vocational and adult education.
  • Increases the maximum Pell Grant scholarship to $4,500.
  • Increases future math and science teacher student loan forgiveness to $23,000.

NOTE: THIS IS AN AMENDMENT TO A NON-BINDING CONCURRENT BUDGET RESOLUTION THAT SETS THE FUNDING LEVEL FOR DISCRETIONARY SPENDING. IT IS NOT SIGNED BY THE PRESIDENT AND THEREFORE DOES NOT HOLD THE WEIGHT OF LAW, BUT IS USED AS A GUIDE FOR CONGRESS AS IT PASSES THE ANNUAL APPROPRIATION AND OTHER BILLS.

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