"Speaking at a rally for his re-election campaign in San Antonio on Tuesday, Obama framed his emphasis on expanded education funding as a point of contrast with Republican challenger Mitt Romney, whom he accused of prioritizing tax cuts for the wealthy over reinvestment in the nation.
"I'm running to make sure that America has the best education system on earth, from pre-K all the way to post-graduate," Obama said. "And that means hiring new teachers, especially in math and science."
The administration will make $100 million available immediately out of an existing fund to incentivize top-performing teachers. Over the longer term, the White House said it plans to launch the program with $1 billion included in Obama's budget request for fiscal year 2013.
But the House and Senate both voted down Obama's budget earlier in the year, making it far from certain that Obama will be able to get congressional approval to spend $1 billion on master teachers.
An aide to Rep. John Kline, R-Minn., chairman of the House Education and the Workforce Committee, noted that the federal government already has more than 80 teacher quality programs and said it would be foolish to pump money into programs that may be duplicative or unproductive."
http://www.ksl.com/?nid=157&sid=21304010&title=obama-proposes-1b-for-science-math-teachers