> need massive reform in welfare

Wow! We agree on this too. We have to stop those handouts.
I'd start by eliminating handouts to heirs of billionaires and then proceed to eliminate handouts to Exxon and other oil companies.

Mitt and company pay a lower tax rate than I do. We need to get back those handouts in a hurry.

Then I'd add a 100% tax on dividends and capital gains to shareholders of the banks and insurers who were bailed out by TARP. The stock price of Citicorp, for example, has more than tripled since the crisis, when the company almost dissolved before that leftist Obama injected billions into it and saved it.
Among the principal beneficiaries were Saudi princes who have major holdings in Citicorp.
Let's get a piece of that handout back.

If we need any more, we can do a clawback of the tens of billions paid to Halliburton for fighting a war started in part by a former CEO of that company.