It means cutting the education of francophone children. It also means cutting amounts earmarked for children studying French in immersion classes, children studying in core French program, and children studying French as a second language in regular public schools.
Donc, on parle de l'éducation des enfants francophones, mais il s'agit aussi de sommes consacrées aux enfants qui étudient le français dans les classes d'immersion, aux enfants qui étudient le core French or French as a second language dans les écoles publiques normales.