U.S. Sen. Rand Paul wants to slash numerous federal programs, including food stamps for the poor, to save $500 billion in a single year.

A legislative proposal Paul introduced on Tuesday would slash $42 billion from the U.S. Department of Agriculture's food stamp program -- a 30 percent spending reduction. His proposal would eliminate numerous other programs, including the Corporation for Public Broadcasting, the Consumer Product Safety Commission and the National Endowment for the Arts.