This brief examines how No Child Left Behind (NCLB) dollars flow from the federal government through states and districts and into the coffers of companies, mostly for-profit companies. The brief makes the case that the law enriches many private companies and individuals, especially those close to President George W. Bush and his family. The brief describes the essential workings of NCLB, highlighting inherent costs of the law and costs that come with each successive year of failing to make Adequate Yearly Progress (AYP). The brief emphasizes the sanctions applied after two consecutive years of failure (the requirement that all students be offered the opportunity to transfer to another school) and after three consecutive years (the requirement that districts must hire outside tutors, mostly for-profit companies, to provide Supplementary Educational Services). The brief closes by calling on the U.S. Department of Education to establish policies and procedures to account for the money and to hold private companies to the same standards of accountability which it demands of public schools. [For the full report see, ED508523.]