Senator John McCain has pledged to “freeze discretionary spending until we have completed a top-to-bottom review of all federal programs.” Senator Obama has proposed about $18 billion annually increased in new federal education spending, including programs aimed at expanding early-childhood education and teacher training. Senator Obama stated in a June 3rd speech, “We can’t afford to leave the money behind for No Child Left Behind.” By contrast, Senator McCain believes that NCLB is adequately funded.
State spending accounts for between 93% and 94% of all spending on education.