"Straight A's: Public Education Policy and Progress" is a biweekly newsletter that focuses on education news and events both in Washington, DC and around the country. The following articles are included in this issue: (1) FY 2007 Funding Bill Signed Into Law: U.S. Department of Education to Receive Increase; (2) "The High Cost of High School Dropouts:" Alliance Analysis Pegs Cost of 2006 Dropouts at $309 Billion; (3) Return on Investment: Federal Reserve Chairman Says that a Greater Investment in Education Could Reduce Income Inequality Among Americans; (4) "Beyond NCLB:" Bipartisan Commission on NCLB Issues Recommendations on Improving Landmark Education Law; and (5) State of the States: Governors Highlight Return on Investments in Education, Push Stronger Standards.