Monday, April 20, 2009

Obama: Cut Budget by 1/35,000th

From Foxnews.com

"If we're going to rebuild our economy on a solid foundation, we need to change the way we do business in Washington. We need to restore the American people's confidence in their government -- that it is on their side, spending their money wisely, to meet their families' needs," Obama said in his weekly radio and Internet address, released while he attended the Summit of the Americans in Trinidad.

Obama wants his Cabinet agencies to report a collective $100 million in savings in the next 90 days.

Some agencies have already pinpointed specific savings.

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