I can tell you that in my state and generally in the states too much money goes into education and I am not sure how it is really being spent. My community suffers from having mediocre schools at best. If I could control this funding I would reallocate it into research to finding sustainable alternative for conventional schools.
Also, 50% of my taxes go into the military in one form or another (funding arms research, plane wings, weaponry, etc.). I certainly want to change that.
Side note: It is ironic that most money in the United States goes into education and the military. The US has one of the weakest educational systems and one of the most highly equipped armies. Educate the kids then send them to die.
I would like to see much less money going to the army and schools, much more taxes into funding alternative publications, art, parks, and alternative schooling systems.