I agree with you, however, how would you propose that we ensure compliance in respect to money being used for intended purposes?
Fire (read: impeach/do not re-elect) those that do not their job by spending money not for its intended purpose. Discover this by regular, full, public audits.
Prosecute those who commit embezzlement and larceny and send the to prison if convicted. Make them serve long prison stints with no hope of parole for having violated their position of public trust and bar them from holding public office or lobbying positions on penalty of more punitive prison time.
[1] I don't want to derail the thread, but you can search on HN for the past discussion. Also, whatever we did worked fine. Out of the G7 countries, we're #2 in fiber penetration, behind Japan.