U.S. Rep. Bob Etheridge wrote President-elect Barack Obama today asking him to including Etheridge’s school construction bill in the next economic stimulus package.
Etheridge, a Lillington Democrat, wants to provide local tax credits to fund school construction to both create jobs and provide more space for growing school districts, Barb Barrett reports. North Carolina is one of the fastest growing states in the country, with school enrollment jumping 30 percent in the past decade.
Obama has made individual tax credits a central part of his economic stimulus plan, but Democrats also have talked about building new infrastructure with federal tax dollars.
Etheridge proposes providing no-tax, zero-interest municipal bonds for school construction, which he says could save school districts $500 for every $1,000 of construction bonds.
According to Etheridge, North Carolina could receive $448 million under his plan.




Re: Etheridge: Include schools in stimulus
Ecindas- too funny!
Maybe it is just me, but I thought the North Carolina "Education" Lottery was a stimulus package for schools.