Maybe I don't understand the outrage. Surely most of the money should be spent on staffing and finding the best teachers while paying them well (I'm not saying that actually happened, but most of the money went to staffing.) Where else would the money go? Computers? Books? Chairs? The teachers are obviously the most important part to the education equation. The sad part is that a lot of teachers don't care in the US.
Teachers are not the most important variable in the success of a student. The most important variable will always be and has always been a stable family structure at home, period.
For every success story about a kid you see going to college because they "beat the odds" you will find a stable home life and strong parents eager and willing to push and support their child's success. Hence why simply dumping money into education system never works as planned and the results end up being lackluster for the most important people in the system, i.e. THE STUDENT.
Thus the system should be centered around the providing for the needs of the student not the needs of the teacher, principals, administrators, counselors, consultants,etc. Now ff those aforementioned groups end up benefiting from focusing on students first (alongside the promotion of a stable home life) as a result then that is a nice side benefit of intersecting interest that can be accepted but it should always be about THE STUDENT first and foremost. Otherwise you end up with a situation where everyone else benefits but the student as hands reach out to grab money thrown into the education system as the results produced also end up being predictably wasteful and retrogressive.