Teachers College has received a three-year $2.45 million grant from the Peter G. Peterson Foundation to develop a comprehensive social studies and mathematics curriculum about the fiscal challenges that face the nation, which will be distributed free of charge to every high school in the country. Titled “Understanding Fiscal Responsibility: A Curriculum for Teaching About the Federal Budget, National Debt and Budget Deficit,” the non-partisan [yeah, right], inquiry-based curriculum will teach students the facts, significance and consequences for the United States and its citizens of public policies leading to persistent deficits and a growing national debt.Peterson is in the news recently because he's contributed $30 million to a new organization, the Campaign to Fix the Debt. Its objective is to push through a "grand bargain" in Congress's lame-duck session that would slash Medicare and Social Security spending in exchange for new tax revenue.
By the end of the year, we're going to be sick and tired of hearing the phrases "grand bargain," "Bowles-Simpson," "fiscal cliff," and "Taxmageddon."
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