A Lesson in Waste: Where Does All the Federal Education Money Go?, Cato Policy A

 
 
 
 
 
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Executive Summary

Since the 1965 passage of the Elementary and
Secondary Education Act, which concentrated
unprecedented authority over American education
in the hands of the federal government, federal
lawmakers have passed increasingly restrictive
laws and drastically escalated education
spending, which ballooned from around $25 billion
in 1965 (adjusted for inflation) to more
than $108 billion in 2002.

For many years that phenomenon appeared
to be of little concern at the state and local level.
Under the No Child Left Behind Act, however,
that seems to be changing

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03/26/2009

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