Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 33 n° 335

Saving the U.S. government $17 billion dollars

Posted by fidest press agency su mercoledì, 20 Maggio 2009

The Obama administration unveiled 1,500 pages of documents that outline how it would like to spend the federal government’s $3.4 trillion budget for Fiscal Year 2010, which begins October 1, 2009. Throughout the budget process, President Obama has called for increased funding of education, health care and economic programs, and it seems Congress will support those increases. And despite these new investments, the president’s budget proposals would still save the U.S. government $17 billion over the next year, the administration claims. How will this happen? By eliminating and reducing programs the administration identifies as wasteful. “We have to admit that there is a lot of money that’s being spent inefficiently, ineffectively,” Obama said. “Some programs may have made sense in the past but are no longer needed in the present.  In its 131-page book “Terminations, Reductions and Savings,” the White House identifies more than 100 programs that can be reduced or eliminated. Among them: a $35 million long-range navigation system that can be replaced with simple GPS technology and a $6 million program to fight illiteracy. “Now, I strongly support initiatives that promote literacy. It’s critical,” Obama said. “But I oppose programs that do it badly.” (By Michelle Austein Brooks)

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