This Just In….
Americans for the Arts Action Fund, the bipartisan advocacy arm of Americans for the Arts, has just released a summary of the Arts Positions of the 2008 Presidential Candidates. Senator Barack Obama released a comprehensive arts policy proposal in February 2008. Senator McCain just recently issued a short statement for the Salt Lake City Tribune.
See side-by-side comparison in this PDF:
(Most frightening is that McKain voted to cut funding or terminate the National Endowment for the Arts. Yikes.)
Addendum: Alex fleshes out the details in text better than I could HERE