How about letting members of the Fortune 500 run America's welfare programs? [Reader Post]

Imagine what you could do with three quarters of a trillion dollars. You might buy a new house, maybe a new car and maybe even take a trip to Hawaii or Australia.

Seriously, what can $750 billion accomplish? Well, that all depends on who’s spending the money.

According to the Congressional Research Service the federal government spent $745 billion in 2011 on welfare payments.

The Debt Ceiling and the Democrat’s Xbox War on Poverty [Reader Post]

The debt ceiling talks fell apart on Friday as President Obama insisted on $400 billion in new taxes to pay for more government spending. Imagine if he didn’t have to spend those $400 billion over the next decade.

Is it possible that there is $400 billion of waste in the budget somewhere? Where might that be? How about amongst the impoverished?