The House passed a 2016 supplemental operating budget last night. In a new policy brief, we take a look at the House-passed proposal. Briefly:

• As passed by the House, the supplemental would increase 2015–17 NGFS+ spending by $478.4 million.
• Of that, $99.0 million would be spent to recruit and retain teachers and school staff.
• The budget assumes enactment of $123.8 million in tax increases.
• It would transfer $64.0 million from other funds to the NGFS+.
• It would appropriate $466.4 million from the budget stabilization account (the rainy day fund).
• Accounting changes allow the budget to balance over four years.