Less government spending should include the military security complex too, imho. The budgets of the Pentagon, CIA and Homeland Security total approximately $1.1 trillion which is close to our current yearly deficit.
Social Security and Medicare total approximately $1.6 trillion dollars, which is much closer to our current yearly deficit. According to your logic, that means we should cut both of those programs.
Social security has a $2.7 TRILLION CASH position, dude.
Social security is not in financial trouble. Even if we did nothing to change it it would be finanically secure until 2040 (UNLESS the government is prepared to renige on its debt obligations to EVERYBODY, which they're not about to do. (The rich would go BALLISTIC if it did since they own so much Federal debt instruments)
Medicade and Medicare, however, are in serious economic trouble.
Not only was it not well funded initially (was it 67?) but the uncontrolled rising costs of health care makes it impossible for that system to remain solvent.