Summary
President Obama wants the federal government to do some belt- tightening during tough economic times. On Tuesday, he signed an executive order directing agencies to cut back on everything from travel to cellphones, printing, and even promotional or commemorative items, such as T-shirts, plaques and mugs.
Each executive-branch agency has a month and a half to identify areas to slash expenditures to 20 percent below fiscal 2010 levels, which will produce what the White House estimates will be $4 billion in annual savings.See the full content of this document
Extract
; Cost Cuts Exempt Presidential Travel
"At a time when families have had to cut back, have had to make some tough decisions about getting rid of things that they don't need in order to make the investments that they do,...
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