Not ALL earmarks are wasteful, so you will waste TIME and money (time IS money btw) sorting out the good from the bad. You and McCain would have a bunch of TIME and money wasting bureaucrats chasing pennies.
Let's go after BIG, not small. How about boarding up Fatherland Security, hiring enough federal agents to investigate, arrest and prosecute doctors, hospitals, medical suppliers and corporations who defraud the taxpayers via Medicare and Medicaid fraud.
BTW, 'Obamacare' is doing that...
U.S. Department of Health and Human Services (HHS) Secretary Kathleen Sebelius and U.S. Associate Attorney General Thomas J. Perrelli today announced a new report showing that the government’s health care fraud prevention and enforcement efforts recovered more than $4 billion in taxpayer dollars in Fiscal Year (FY) 2010. This is the highest annual amount ever recovered from people who attempted to defraud seniors and taxpayers. In addition, HHS today announced new rules authorized by the Affordable Care Act that will help the department work proactively to prevent and fight fraud, waste and abuse in Medicare, Medicaid and the Children’s Health Insurance Program (CHIP).
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Then let's really go after fraud in military and Pentagon contracts. Corporations with 'no bid' contracts like KBR, a branch of Halliburton, a company closely associated with Dick Cheney and favored heavily by the Republican Party for no-bid contracts with no oversight, that has so bungled the maintenance of one of our Iraq bases that
12 of our troops have been killed by electrocution
Federal Contractor Misconduct Database (FCMD)The government awards contracts to companies with histories of misconduct such as contract fraud and environmental, ethics, and labor violations. In the absence of a centralized federal database listing instances of misconduct, the Project On Government Oversight (POGO) is providing such data.