Could we agree that both welfare programs and the military are massively overfunded,
One thing that would help is if our allies paid for our defense of them, as President-elect Trump has suggested. If that doesn't work, then yeah, I would strongly support closing most of our overseas bases and dropping the budget to the $400-500 billion range. Less taxes for everyone. That said, I do think it's important that we have the strongest military in the world to protect our nation's security. But we don't have to be stronger than every other nation combined!
and the funds can be put to better use paying off our debt and throwing some bones to education with the whole student loan thing.
I don't know about you, but it strikes me as grossly dishonest and unfair to borrow money and then not pay it back. Even if some government says it's okay. I say this as someone who has taken out a student loan.
By throw bones to education I mean funding universities under the condition that they lower tuition drastically, hire some more bloody professors and rebuild dead departments? My school used to have a drama, music, theology, astronomy and literature department. They are all gone because funding has been siphoned from education budgets since the 70's, and the Ivy League tends grab what's left.
I actually think we should largely privatize higher education. Certainly quality is no issue; the top institutions in the country are already private.