Fox has a calculator, but it doesn't seem very useful in answering the question, although their article is fairly instructive--it would seem both sides are doing a bit of demagoguing. Still, it would be interesting to see the sunshiny breakdown, like on the recovery.gov page.
Leave it to Michelle Malkin to root out the distribution. Lo and behold, based on what she's uncovered it would appear the teacher jobs Obama and Pelosi are heralding aren't all in jeopardy, just possibly maybe in jeopardy:
We know States and districts are working hard to find ways to minimize job losses and keep cuts away from classrooms, but some are making cuts that we know will have an impact on kids.And if there aren't teacher jobs in jeopardy they have to create new ones to qualify, which is why Haley Barbour was saying Mississippi would have to spend millions to comply. These Dems are nothing if not slick.