While President Bush's "No Child Left Behind Act" (search) is helping needy, at-risk students transfer out of bad schools into good ones, some argue the law isn't living up to its name and is leaving gifted children behind.

Programs for advanced learners have been slashed across the country, as districts scramble to meet the standards and financial obligations of the "No Child" law.

Susan Rhodes, principal of Iles Elementary School (search) for gifted first- through fifth-graders, said her school has already experienced a budget cut and is worried there are more to come. Rhodes said many schools and districts face difficult decisions on how to spend already-limited funds.

But other education officials point to the positive effects the act has had on improving performance in schools with particularly needy students.

Click here to watch a fair and balanced report by Fox News' Trace Gallagher.