The problem you are trying to solve is called the subset sum problem and is NP complete, so you are not going to get much better than brute force search.
This at least gives a solution using brute force:
from itertools import chain, combinations
def powerset(iterable):
s = list(iterable)
return chain.from_iterable(combinations(s, r) for r in range(len(s)+1))
def lst_difference(lst, other):
s = list(lst)
for el in other:
s.remove(el)
return s
a = [70, 30, 33, 23, 4, 4, 34, 95]
b = [50, 10, 10, 7]
lst = a + b
total = sum(lst)
for subset in powerset(lst):
if sum(subset) == total // 2:
other_subset = lst_difference(lst, subset)
print('subset1 = {}, subset2 = {}'.format(subset, other_subset))
Which gives these solutions:
subset1 = (70, 95, 10, 10), subset2 = [30, 33, 23, 4, 4, 34, 50, 7]
subset1 = (30, 95, 50, 10), subset2 = [70, 33, 23, 4, 4, 34, 10, 7]
subset1 = (30, 95, 50, 10), subset2 = [70, 33, 23, 4, 4, 34, 10, 7]
subset1 = (33, 23, 34, 95), subset2 = [70, 30, 4, 4, 50, 10, 10, 7]
subset1 = (33, 95, 50, 7), subset2 = [70, 30, 23, 4, 4, 34, 10, 10]
subset1 = (30, 33, 23, 4, 95), subset2 = [70, 4, 34, 50, 10, 10, 7]
subset1 = (30, 33, 23, 4, 95), subset2 = [70, 4, 34, 50, 10, 10, 7]
subset1 = (23, 95, 50, 10, 7), subset2 = [70, 30, 33, 4, 4, 34, 10]
subset1 = (23, 95, 50, 10, 7), subset2 = [70, 30, 33, 4, 4, 34, 10]
subset1 = (70, 23, 4, 4, 34, 50), subset2 = [30, 33, 95, 10, 10, 7]
subset1 = (30, 33, 95, 10, 10, 7), subset2 = [70, 23, 4, 4, 34, 50]
subset1 = (70, 30, 33, 4, 4, 34, 10), subset2 = [23, 95, 50, 10, 7]
subset1 = (70, 30, 33, 4, 4, 34, 10), subset2 = [23, 95, 50, 10, 7]
subset1 = (70, 4, 34, 50, 10, 10, 7), subset2 = [30, 33, 23, 4, 95]
subset1 = (70, 4, 34, 50, 10, 10, 7), subset2 = [30, 33, 23, 4, 95]
subset1 = (70, 30, 23, 4, 4, 34, 10, 10), subset2 = [33, 95, 50, 7]
subset1 = (70, 30, 4, 4, 50, 10, 10, 7), subset2 = [33, 23, 34, 95]
subset1 = (70, 33, 23, 4, 4, 34, 10, 7), subset2 = [30, 95, 50, 10]
subset1 = (70, 33, 23, 4, 4, 34, 10, 7), subset2 = [30, 95, 50, 10]
subset1 = (30, 33, 23, 4, 4, 34, 50, 7), subset2 = [70, 95, 10, 10]