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By re-purposing these funds, the Fed would not have to engage in further quantitative easing but may be able to further stimulate the real economy with funds already in existence and thus place no, or at least minimal, additional risk on the tax payer.
FORBES: Don't Get Hyped Up About Hyperinflation
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Instead Republicans should push the strengthening of high risk pools (not to be confused with Obama's temporary high risk pools) already in existence in 35 states.
FORBES: Magazine Article
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Even if the Dept. of Education calls cheerleading a sport, there are going to be advocates for female athletes in other sports who, with good reason, will see it as a threat to their existence.
FORBES: Why Pediatricians Want Cheerleading To Be Called A Sport