Sec. 2. Closing the Department of Education and Returning Authority to the States. (a) The Secretary of Education shall, to the maximum extent appropriate and permitted by law, take all necessary steps to facilitate the closure of the Department of Education and return authority over education to the States and local communities while ensuring the effective and uninterrupted delivery of services, programs, and benefits on which Americans rely.
No. Most blue states have adequate taxation to maintain operations without federal funds, and the federal funds go towards enhancements. Actually I’m pretty certain this won’t affect any blue state beyond a headache of having to rearrange budgets. But I also happen to know that a lot of school districts in my state at least anticipated this happening and have taken measures in advance to keep the education unimpeded.
Edit: additionally, most blue states only receive funds from the Dept. of Education in the forms of higher education. This will have a lasting impact on academia, but not basic education, which is far more vital.