The newly passed Stimulus bill includes a $5 billion fund to be distributed by the United States Department of Education, led by Secretary Arne Duncan.  This fund is yet another step in the direction of making sure that money is distributed to entities that spend efficiently and pursue all viable tools that allow them to do so:

WASHINGTON (AP) — Education Secretary Arne Duncan says schools must make drastic changes to get money from a special $5 billion fund in the economic stimulus bill.

“We’re going to reward those states and those districts that are willing to challenge the status quo and get dramatically better,” Duncan said Monday at the White House.

Those who keep doing the same old thing, however, won’t be eligible for the money, he said.

Schools will be getting tens of billions more dollars through regular channels. On top of that, Duncan will have an unprecedented $5 billion to award for lasting reforms.

To get an award, schools and states must show they have been spending their money wisely. 

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