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[ Wed, Dec 11th 2024 ]: The Center Square
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Biden administration awards over $6B in CHIPS funding

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          🞛 This publication is a summary or evaluation of another publication 🞛 This publication contains editorial commentary or bias from the source
The Biden-Harris administration has awarded semiconductor design company Micron Technology up to $6.165 billion in direct funding through the CHIPS Incentives Program.
The article from The Center Square discusses a new report by the Joint Legislative Audit and Review Commission (JLARC) in Virginia, which highlights significant issues with the state's K-12 education funding. The report points out that Virginia's funding for public schools is below the national average, with the state contributing only 33% of the total education costs, compared to the national average of 47%. This shortfall places a heavier burden on local governments, leading to disparities in educational resources across different regions. The JLARC report suggests that Virginia needs to increase its funding by approximately $3.5 billion annually to meet the national average. It also criticizes the current funding formula for not adequately accounting for the needs of at-risk students, English language learners, and special education. The findings have sparked discussions among lawmakers about potential reforms to the state's education funding model to ensure more equitable and sufficient funding for all students.

Read the Full The Center Square Article at:
[ https://www.thecentersquare.com/virginia/article_d6879c88-b729-11ef-b6a9-873fb380c2e8.html ]