Eduflack offers up a first-rate post today on the winners and losers in the education portion of the President's FY2011 budget.
Claus von Zastrow issues a wise caution regarding federal funding for professional development (UPDATE: as well as a second thought).
The New York Times's Sam Dillon and the National Journal's Eliza Krigman (hat tip: Eduwonk) have the scoop on implications for Elementary and Secondary Education Act reauthorization.
The budget is just at the first step and Congress has yet to have its say. Likewise, I wouldn't bet on reauthorization this election year (yep, congressional elections are only nine months away!). 2011? 2012? Anyone? UPDATE: Here is what the Education Experts at the National Journal's blog think.