The Top 10 Examples of Government Waste

Brian M. Riedl of The Heritage Foundation writes:

President George W. Bush has proposed terminat­ing or strongly reducing the budgets of over 150 inef­ficient or ineffective programs. This is a step in the right direction to pare back the runaway spending that has pushed the budget deficit over $400 billion. In less than three years, the first baby boomers will begin to collect Social Security: Lawmakers must therefore begin to reduce spending now to make room for the massive Social Security and Medicare costs that will follow.