Obama Jobs speech- $60 billion for schools.

 America's two largest teachers unions, which have often clashed with the Obama administration on education policies, praised the president for including $60 billion in relief for cash-strapped school districts in his jobs packageannounced Thursday evening.

"We have for months been talking about jobs jobs jobs jobs jobs," Randi Weingarten, president of the American Federation of Teachers, told The Huffington Post. "We know that there needs to be a lifeline because the economy has not grown the way it should, and that is what this plan is about. It's about putting people back to work, growing the economy, making sure how families feel stabilized."

The speech follows a year of widespread teacher layoffs and education cuts that sparked concerns about sacrificing educational quality for short-term financial stability. The drying up of stimulus funds worsened the blow.

"You see, people taking furlough days, you see people taking modest raises or pay cuts, you see digging deeper in their pockets, you see higher class sizes, you see effects for families teachers and kids," Weingarten said.

Though Obama did not report a price tag for the plan, media outlets cited White House officials as saying it would cost $450 billion. The plan would set aside $60 billion for the repair of 35,000 schools and teachers' jobs.