I would agree as long as you are talking about completely shifting the function over to private industry...not just contracting it with federal dollars. I've worked on both sides and can attest to the even larger waste and expense on the contract side.
What needs to happen is that entire functions need to be eliminated and the cost/continuation of those functions should be born by the industries and consumers that benefit from it.
FAA (my employer): Reduce it to a standards and compliance verification organization. The federal government and the tax payers should not be paying a technician to change light bulbs at an airport in east bumf$ck Michigan and at nearly every other airport in the country. Shift the entire organization, beyond the previously mentioned core function, over to the airline industry, the airports, and the flying public.
TSA: Same thing. The federal government should not be providing security for private industry. Reduce the TSA to an standards setting and verification organization. Let the airlines and airports pay for their own security and force them to comply with professionaly developed standards and procedures.
We could go on from there....
