Exactly how I feel about it. One very good way to save money would be to cut out the blatant fraud that occurs in our system. For instance, I have heard that the number one industry in a certain small city near me is medicare fraud (or is it medicaid? I get those two mixed up.) Not only that, but I've known of plenty of people here that get disability checks but for some reason their "disability" doesn't seem to prevent them from leading very active lives.
As far as the Hubble is concerned, I think many people are missing the forrest for the trees. What we need is a space based infrastructure - manufacturing facilities on the Moon and in orbit using space based metals from the Moon and asteroids to build telescopes even better than Hubble. Imagine a fleet of Hubbles linked together! And I just don't believe government can make it happen. Forget government funding. Support private space based companies like Armadillo Aerospace, Scaled Composites, and Transorbital. The best thing the government could do is help space based companies navigate the government's own regulations and red tape.
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If you really want to go back to the moon consider joining the Moon Society