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!

Governor Corbett, Along With Berks County Legislators, Education And Business Leaders, Discuss Passport For Learning Block Grant Program

READING, Pa., April 3, 2013 /PRNewswire-USNewswire/ -- Governor Tom Corbett today, joined in Reading by members of the General Assembly and local education and business leaders, talked about reinvesting proceeds from the sale of the state liquor store system into an educational block grant for Pennsylvania's schools. 

This Passport for Learning Block Grant is in addition to Corbett's proposed $90 million increase in the upcoming budget's Basic Education Funding line item. This year's proposed $5.5 billion state investment in education is the highest in state history.

"Two weeks ago, we made history when the House led us one step closer to real choice and convenience by passing House Bill 790," Corbett said. 

"The bill now moves to the Senate. Let's get Pennsylvania out of this outdated system of selling alcohol once and for all, and reinvest the proceeds into Pennsylvania's future - our children,'' Corbett said. "Selling liquor is not a core function of government; education is."

The governor is calling for final passage of this legislation by June 30.

"Our proposal is part of my commitment to changing Harrisburg, streamlining government and moving Pennsylvania forward," Corbett said. "Our plan gives consumers what they want by increasing choice and convenience, and helps to secure our future by adding funding toward the education of our children, without raising any taxes."

" Pennsylvania and Utah are the only two states in the country who have fully state-controlled liquor systems," Corbett said. "I want Pennsylvanians to enjoy the same convenience that virtually every other American today has."

The governor is proposing to use the proceeds from the sale of the state's liquor system to create the Passport for Learning Block Grant, to be divided among Pennsylvania's school districts over four years.

The Passport for Learning will offer funds in four, student-focused, initiatives: school safety, "Ready by 3," individualized learning programs, and science, technology, engineering and math (STEM) programs.

1 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 16,943.81 +28.74 0.17%
S&P 500 1,967.57 +2.89 0.15%
NASDAQ 4,415.49 +19.2860 0.44%

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