20 April 2009

Obama cutting $100m in spending

Obama is expected to order his cabinet members to find a way to cut $100 million in spending at their first meeting today. Some of the cost-cutting measures include video-conferencing instead of holding conferences and DHS expects to save around $52 million simply by ordering office supplies in bulk. While $100 million seems like chump change, he's setting the tone and we can expect more cuts to follow.

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