From the Washington Post:
In his quest to transform American education, President Obama appeared yesterday to put his faith in pledges from some of the interest groups that helped scuttle reform in years past, but the industry's promises fell well short of the White House's expansive claims."This is a historic day, a watershed event," Obama said after a meeting with lobbyists representing??teachers,??administrators, bus drivers,??and textbook publishers. "Over the next 10 years -- from 2010 to 2019 -- they are pledging to cut the rate of growth of national education spending by 1.5 percentage points each year."
Oh wait, just kidding...this was the health-care announcement from yesterday. Education costs will continue rising as usual. (Once we get past the recession, that is.)
