This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
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
TheStreet Open House

Big Brothers Big Sisters Applauds America's FOCUS Act Unveiled By Rep. Chaka Fattah (D-Phila.)

Bill would provide funding for mentoring programs for children facing adversity

IRVING, Texas, Nov. 23, 2013 /PRNewswire-USNewswire/ -- Big Brothers Big Sisters of America is pleased to support the America's FOCUS (Fund for Future Opportunities and Outcomes in the United States) Act unveiled Friday by Rep. Chaka Fattah (D-Phila.). America's FOCUS authorizes state and local governments and the Secretary of Education, in conjunction with the Federal Mentoring Council and NASA's Office of Education, to issue grants to non-profits with evidence-based programs in STEM and mentoring.

(Logo: http://photos.prnewswire.com/prnh/20110613/PH17540LOGO)

The bill establishes the America's FOCUS Fund within the Department of Treasury and authorizes the Secretary of the Treasury to deposit all corporate fines, penalties and directed monies from penalties and settlements into the Fund. Thirty-three percent of the revenue in the fund will go toward investments in STEM Education and youth mentoring.

"Big Brothers Big Sisters of America is grateful to Congressman Fattah for his continued support and commitment to mentoring services," said Big Brothers Big Sisters President and CEO, Charles Pierson. "Congressman Fattah has been a champion of Big Brothers Big Sisters' work to provide long-term professionally supported mentoring programs for children facing adversity and services to their volunteer mentors and families that contributes to successful youth outcomes. The America's FOCUS Act would channel existing funds to our most valuable asset: our children and enable us to expand our reach, helping more children overcome adversity to succeed in school and life."

In addition to funding youth mentoring and STEM programs, the FOCUS dollars would support Justice reinvestment and innovations in medical research, with each receiving 33 percent. One percent would provide funding for paying down the national debt and economic growth.

"Big Brothers big Sisters of America is grateful to Congressman Chaka Fattah for his continued support and commitment to Big Brothers Big Sisters," said Big Brothers Big Sisters President and CEO, Charles Pierson. "Congressman Fattah has been a long time supporter of our mission of  providing children facing adversity with strong and enduring professionally supported one to one mentoring that changes their lives for the better, forever. The America's FOCUS Act would channel existing funds to our most valuable asset: our children and especially children facing challenges in their lives." 

Justice reinvestment and innovations in medical research would also receive 33 percent each.  One percent would provide funding for paying down the national debt and economic growth.

1 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Jim Cramer and Stephanie Link reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

Jim Cramer's protégé, 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
Try it NOW
Try it NOW
Try it NOW

Check Out Our Best Services for Investors

Dividend Stock Advisor

Jim Cramer's protégé, 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
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Options Profits

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

Product Features:
  • Actionable options commentary and news
  • Real-time trading community
Try it NOW
Try it NOW
Try it NOW
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!

Markets

DOW 17,678.70 +6.10 0.03%
S&P 500 2,057.09 +5.27 0.26%
NASDAQ 4,771.7630 +13.8840 0.29%

Partners Compare Online Brokers

Free Reports

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