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I would suggest 7mm-08 or .270. It is hard to beat those two for a combination of relatively low recoil, great accuracy, and enough power to take hogs and deer, as well as lighter loads for target shooting or varmits.

For the scope, the rule of thumb is to spend as much on your scope as you do your rifle, but you don't have to go quite that high to get a good scope. If you will be hunting early in the morning or late in the afternoon, you will appreciate one of the better scopes. You will get what you pay for with your glass. I really like Leupold scopes, and you can get some VX-1's for around $150-$175.