Whoa! Dude! And you all thought he wasn't budget conscious. So what, some AF pilots is going to get a Raptor sans tail? If he keeps this up we'll be out of debt in, like, never?
Obama to gather Cabinet, seeking $100 million in cuts By Suzanne Malveaux
CNN
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WASHINGTON (CNN) -- President Obama returned to Washington on Sunday night with his eye back on his domestic agenda and a plan to save government money.
President Obama arrives by Marine One on the South Lawn of the White House on Sunday.
President Obama arrives by Marine One on the South Lawn of the White House on Sunday.
On Monday, Obama will gather his full Cabinet together for the first time as president and challenge it to cut a total of $100 million in the next 90 days, two senior administration officials said.
The officials spoke anonymously because the announcement had yet to come from the president, who returned Sunday from the Summit of the Americas in Trinidad and Tobago.
The agencies would have to report how they saved on expenses after 90 days, the officials said.
A senior administration official described the edict as part of Obama's "commitment to go line by line through the budget to cut spending" and "reform the government."
As House and Senate lawmakers return from recess this week, they are expected to start reconciling their versions of the fiscal 2010 budget resolution. The president's budget request is $3.67 trillion.
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In context of the federal budget, $100 million in savings is a small amount, but the White House wants to demonstrate fiscal responsibility.
On Monday, Obama will offer examples of how various agencies have started cost-cutting measures, including:
• The Department of Homeland Security's plan to save an estimated $52 million over five years by purchasing office supplies in bulk.
• The Department of Agriculture's effort to consolidate 1,500 employees from seven locations into a single facility in 2011. It's estimated to save $62 million over a 15-year lease.
• The Veterans Affairs Department's move to cancel or delay 26 conferences, saving nearly $17.8 million. Veterans Affairs also will use video-conferencing to cut costs.