Paul Budget Would Cut $1 Billion from Education in Kentucky New Senator Rand Paul has introduced his own version of a 2011 budget. This analysis shows that Paul’s proposal would cut approximately $1 billion on an annual basis from education in Kentucky, creating a big hole in the K-12 budget while reducing support for higher education, vocational education and adult education. And Paul’s elimination of federal education programs make up only 16 percent of the $500 billion he would cut out of the federal budget. Download Paul Budget Fact Sheet courtesy of KCEP, the Kentucky Center for Economic Policy.