Federal Aid Saves Thousands of Jobs

NEW YORK (AP) - Cash-strapped states from Maine to Hawaii are tearing up the pink slips - for now - relieved that the $26 billion state aid bill passed by Congress this week has saved hundreds of thousands of jobs nationwide. But it might be the last time the federal government comes to the rescue.

The legislation is a stopgap for long-term budget problems and is letting states put off hard choices. While appetite for such cash infusions is wearing thin, some analysts say the latest package is essential to preserving the fragile economic recovery.

The bill is expected to save 2,700 teaching jobs in Colorado, 1,400 in Nevada and 1,800 in Iowa. California's top education official says it's an urgently needed Marshall Plan that saved 16,500 teaching jobs.

(Copyright 2010 by The Associated Press. All Rights Reserved.)

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