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GUTS TO CUT

The Democrats have challenged Republicans to come up with $700.0 billion in budget cuts even as they continue to pound away with additional spending programs. The fact is these cuts could be done with little political fallout although it edges into territory considered third rails for anyone looking to be reelected. So, I ask you the reader if you had the power where would you cut? I put together a list of choices leaving out the wars but not the notion of nation-building (part of foreign aid) of overall defense spending. Keep in mind there are smaller projects that are no-brainers like the national broadband coverage map the government insist on spending $350.0 million on despite the fact private companies say it could be accomplished for $3.5 million.

I know you guys could do better. You aren't running for reelection and you love your country.

How Would You Cut Spending?
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ProgramAmount (in billions) 
Waste Fraud & Abuse Medicare and Medicaid$100.0 (out of $200.0)
Education subsidies K-12$60.0
Education subsidies College$20.0
Cut Fed employee wages 10%$20.0
Cut failed government programs$123.0
Cut 1/2 foreign aid$50.0
Government overpayments$70.0 (out of $100.0)
Subsidies to farmers$30.0
Raise retirement age Social Security 68$110.0
Energy subsidies$20.0
COLA adjusted to CPI$110.0
Corporate Welfare$90.0
Earmarks/Pork$20.0
Defensive$50.0 (the most I think could be cut)
Discretionary Spending $100.0 (out of $637.0B)
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