There never was a Constitutional basis for the existence of this behemoth. They tyrannical monstrosity it has become is merely the logical consequence of the overreaching authority it has been allowed to exert over citizens. It's time to abolish it. At this IJR article, watch the video in which Senator Ted Cruz is voicing what so many of us believe to be the correct course of action.
UPDATE: The IJR link isn't working, so let's try this one. Apologies!