The House Education and Workforce Committee stated, "As a result of the No Child Left Behind Act, signed by Bush on January 8, 2002, the Federal government today is spending more money on elementary and High School (K-12) education than at any other time in the history of the United States. Funding increases have to a large degree been offset at the state level by increased costs associated with implementing NCLB, as well as the impacts of the economic downturn on education budgets.