Monday, April 20, 2009

Obama Challenges Cabinet to Cut $100 Million

Obama's meeting with his full Cabinet for the first time at 11:30 am to issue a challenge to cut $100 million in the next 90 days.
From Politico:
Examples of savings that agencies have begun to implement already that the president will point to during the 11:30 a.m. meeting: The Department of Veterans Affairs has cancelled or delayed 26 conferences, saving nearly $17.8 million. The department will be using less expensive alternatives, like video conferencing. ... The U.S. Department of Agriculture is working to combine 1,500 employees from seven office locations into a single facility in 2011, saving $62 million over a 15-year lease term. ... The Department of Homeland Security estimates that it can save up to $52 million over five years just by purchasing office supplies in bulk.