From The New York Times: President Barack Obama says he favors federal rewards for local school districts that fire underperforming teachers and close failing schools, He says educators needed to be held accountable when they fail to fix chronically troubled classrooms and curb the student dropout rate. The president has a proposal to offer $900 million in federal School Turnaround Grants, which would be made available to states and districts willing to take aggressive steps to turn around struggling institutions or close them.