> There isn't really much waste in federal spending.

I don't know much about US spending but if it's anything like the UK I doubt that. There's plenty of waste. People only end up thinking there isn't, because it's extremely difficult to cut just the waste, so cuts are usually equally to waste and useful functions.

But that doesn't mean there's no waste! The problem is to cut the waste you pretty much have to spend a ton of money hiring highly skilled and motivated employees, and then fight decades of accumulation of cultural acceptance of the waste. Basically impossible.