Funding should not be mistaken with structure of curriculum. While more funds can lead to better education, it m7ust not necessarily be so - if the curriculum is badly structured.
For the US, I would assume there are other areas where more money can be saved with less damage being done, while in education it probbaly is mor elikely that more dmamage will be done with less money getting saved.
In the end, the financial problems of America derive from two major variables: the immense structural problems of it's economy, and its behemoth military spendings. Add to this the general consummation habit to not worry about saving for bad times, but to spend more than one can afford.
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