FY2014 Presidential Budget Overview

President Obama released his fiscal year (FY) 2014 budget on Wednesday. Overall, the proposed budget recommends $71.2 billion in discretionary funding for the U.S. Department of Education (ED), a 4.6 percent, or $3.1 billion, increase above the 2012 enacted level.

The President‰лЊs budget focuses on several key education themes: early learning; college access and affordability; and educational innovation.

‰"We must continue to build on the reforms already transforming classrooms across the country,‰" said U.S. Secretary of Education Arne Duncan in a press call on Wednesday. ‰"Strategic investments in our educational system will not only provide more opportunities for millions of Americans, but they will strengthen our nation‰'s workforce as well.‰"

In the PDF below, our team provides an overview of the key aspects of the budget.