Grover "Russ" Whitehurst is a Brookings Institute Senior Fellow and a former official with the U.S. Department of Education. In this Q&A, he explains how the stimulus funds will make their way to local projects, particularly for school programs.

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With the nation's unemployment rising to a 25-year high this month and the financial sector in turmoil, job prospects look bleak for many college seniors set to graduate this spring.

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President Barack Obama called for big changes in education earlier this week. John Merrow profiles Secretary of Education Arne Duncan, who will be heading up the president's calls for reform and who may bring new strategies to the education policy…

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In the day's other news, President Obama outlined his education plan and at least 33 people died in a suicide bombing in Iraq.

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Speaking before the Hispanic Chamber of Commerce Tuesday, President Barack Obama laid out broad reform goals for the nation's school system, delivering the first major education speech of his presidency.

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President Obama outlined his first budget plan to Congress with a $1.75 trillion deficit that includes the recently passed stimulus bill, the costs of the wars in Iraq and Afghanistan, funding for health care reforms and other spending.

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President Barack Obama addressed a joint session of Congress and the nation in a prime-time speech Tuesday. Following is the text of his remarks, as prepared for delivery and released by the White House.

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With state officials scrutinizing the stimulus plan for funding they hope will revive regional economies, four business writers examine what the real impact may look like.

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The Peekskill, N.Y., public school district is suffering from the deepening recession's ripple effects, which will force administrators to cut student bus services, teachers' positions and arts programs. Special correspondent John Tulenko of Learning Matters reports.

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House Democrats on Thursday released an $825 billion economic rescue plan that aims to alleviate the economic downturn through a combination of $550 billion in spending and state aid, and $275 billion in tax cuts.

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