July 20, 2007
House Panel Cuts Reading-First Funds
Spending for the Pell Grant program and biomedical research would rise but the Reading First program's budget would be slashed under a spending plan for 2008 approved last week by the U.S. House of Representatives Committee on Appropriations.
The $151.5-billion bill to finance education and health programs is similar to a version passed last month by a House appropriations subcommittee. The measure would increase the maximum Pell Grant award for needy college students by $390, to
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