Latest / The Fiscal Policy Podcast with Fexingo: Government Budgets, Stimulus, and Public Spending
The Quiet Crisis of Underfunded Public Schools
In this episode, Lucas and Luna explore the structural reality of American public education funding. They examine how reliance on local property taxes creates stark inequality between wealthy and low-income districts, using specific data points to illustrate the resource gap. The conversation digs into the mechanics of state aid formulas, the impact of unfunded mandates on teachers, and why recent federal stimulus efforts have struggled to close the long-term deficit. Listeners will learn about the concept of foundation grants and how they interact with local levies to determine per-pupil…
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