This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Sandoval Optimistic In State Of The State Address

In the Democratic response, Senate Majority Leader Mo Denis, of Las Vegas, said Sandoval's education efforts fall short.

"During the 2011 session, Gov. Sandoval proposed significant amounts of cuts to our schools," Denis said in prepared remarks. "This year he is promising the world, but his policies won't change our schools soon enough."

Denis also questioned how Sandoval's budget would pay for his education initiatives while also proposing payroll tax cuts for businesses.

"We disagree with this approach," Denis said. "It places more of the burden on middle-class families while giving businesses even more generous tax breaks."

The Legislature convenes Feb. 4.

Sandoval also proposed expanding the national Jobs for America's Graduates program, which places a specialist in schools to assist potential high school dropouts. A pilot program operates in seven Nevada schools, and the governor wants to expand it to up to 50 additional schools and nearly 2,000 more students in the next year.

In higher education, Sandoval wants to apply enough money to support the Millennium Scholarship Fund through 2017. The popular scholarship provides Nevada students money to attend Nevada colleges.

After the governor's speech, Dan Klaich, chancellor of Nevada's higher education system, praised the governor for stopping cuts to public education, which has seen funding slashed during the recession.

"There's a lot to be thankful for," he said.

Sandoval called education "the foundation of economic growth," but said his greatest priority has been economic development itself.

Sandoval listed companies â¿¿ such as Apple Inc., Urban Outfitters Inc. and NOW Foods â¿¿ that have brought capital investment and jobs to Nevada, and he praised economic development officials for their work to attract more.

He even promised trade missions to Mexico and Israel, in addition to the missions he's already led to China, Korea and Canada.

"I am committed to leaving no stone unturned â¿¿ no road not taken," he said in the speech.

2 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,113.54 +61.81 0.36%
S&P 500 1,983.53 +9.90 0.50%
NASDAQ 4,456.0160 +31.3120 0.71%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto
Advertising Partners

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs