All of this talking about budget cuts, If you could, what things would you cut out of the budget? Here are some possibilities:
Military: Decommission some of the older ships in the fleet, retire some older aircraft, to reduce maintainance costs.
Finally kill some of the weapons programs that the military doesn't want, but politicians want to bring money to their states.
Government: Reduce Members of Congress salary, most of them are pretty well off anyway.
Consider combining some agencies, get rid of ones that aren't needed anymore.
There could probably be others...