If anything, NASA needs more funding to adequately support the space program. Right now, it's languishing, barely able to keep old, broken technology while our government dumps an insane amount of money into bogus Iraqi contracts. How many billions will be funneled into Iraq, where will we never see what we paid for or if we do, mafia-style contract jobs (let's cut corners!)?
If you're going to break down fruitless government spending, let's start there, not with fucking NASA.