Teachers protest education cuts

Angry teachers chanting "save our schools" and holding signs criticizing Texas Governor Rick Perry rallied outside his office Monday, March 14, saying Republican-backed plans to slash $10 billion from education spending would cripple public schools.

More than a thousand educators, students, and other protesters followed a high school marching band to the Capitol steps to oppose Perry's cuts-only approach to a state budget shortfall that could reach $27 billion. Initial budget proposals would leave 100,000 teachers jobless, or about a third of the teachers employed by Texas public schools, according to independent experts. Read the full article by Sommer Ingram in the Finance section of the Bloomberg Business Week website.