Some very good advice here; .223, Savage, Laminated stock, GOOD SCOPE!!!!
If you have an accurate rifle regardless of the cost and mount a cheap scope on it you are wasting time and money.
Save up, chose carefully and don't follow the 'flavour of the month' trend. ie 1st focal plane, fussy tactical reticle, massive zoom (20x+) etc.
A max 12 power scope is fine for a .223. A Vortex, Nikon or Zeiss Conquest 3-9 with parallax adjustment is fine.
It is better to have a lower power with better optics and be able to see the target than to have a super high power scope and not be able to make out what you are looking at. Ive shot dozens of foxes with a fixed 10 power scope.
Now Ive got a $450 Zeiss Conquest 3-9 x 50 on my .223 and it is just great, clarity to die for and a practical reticle (zplex).
The .223 when sighted properly and not used beyond 300yds doesn't really need a bullet drop compensator reticle. Just sight it as per Chuck Hawks (Google it) suggestion with a rise and fall from muzzle to 230yds of no more than 1.5".Than puts the bullet in the vital area of most small to medium varmints.
You Americans have it all over us here in Australia with the choice, range and ease of obtaining a good rifle.