To be on the safe side, you should really be using CCI military primers. The potential for slam fires in this rifle with soft commercial primers is not TOO high (unless you're using Federal), but if they happen, they'll sure ruin your day.
168gr Sierra Matchking (#2200) HPBT bullets are a popular choice, though far from the only option. They're what I use, but I haven't done any serious testing., so YMMV.
4895 type powders, such as IMR 4895 or Hodgdon's H4895 are generally considered the standard for this rifle, due to the pickiness of the gas system with regards to burn rate. I couldn't tell you off the top of my head whether 748 or Varget are in the safe range, but I'm sure someone else will chime in.
I usually use Winchester brass, simply because military brass can be hard to find.
I'm not going to quote numbers for my load because A ) I don't want to be responsible for someone having an accident, B ) it's straight out of the reloading manual I use anyway, and C ) I don't remember off the top of my head.
Edit: As Hitzy reminded me, excessive headspace is NORMAL with M14 type rifles. The safest solution is to swap out the bolt and set the headspacing of your rifle to SAAMI specs. There's also a couple of other methods involving sizing the brass closer to your chamber dimensions, but I'm not going to quote them because I'm just going to get flamed.
If you DON'T pick one of these methods, your brass life will be very short due to the case being overworked, and could lead to case failures if you hang on to them a little too long.
If you contact either Hungry or Skullboy here on the board, I believe they are still offering to mic spent brass that you mail to them, and tell you your headspace that way. I would definitely recommend you take advantage of this opportunity.