Posted on 03/04/2009 6:02:15 PM PST by NormsRevenge
WASHINGTON (AFP) – President Barack Obama on Wednesday promised to save American taxpayers 40 billion dollars a year by slashing waste in government contracting, with a special eye on bloated spending on defense.
"I reject the false choice between securing this nation and wasting billions of taxpayer dollars," Obama said on a day when he signed a presidential memorandum reforming the contracting system across the entire government.
"In this time of great challenges, I recognize the real choice between investments that are designed to keep the American people safe and those that are designed to make a defense contractor rich," Obama said.
The president's promise to clean up contracting was in line with his pledge to cut the soaring federal budget deficit in half by the end of his mandate in 2013.
As Obama spoke, he was flanked by his former Republican rival for the presidency, Senator John McCain, who is a hawkish opponent of wasteful spending in the Pentagon, and scours legislation for lawmaker's pet projects.
Obama honed in on runaway Pentagon spending, vowing that "the days of giving defense contractors a blank check are over," and highlighted work by Defense Secretary Robert Gates to overhaul military procurement at the Pentagon.
(Excerpt) Read more at news.yahoo.com ...
LOL!
Oh, that was a good one!
You really need to post that this is from The Onion, though. ;)
A target of $40 billion after commiting to hundreds of billions in spending. I am voing to vomit...or drink.
I will simply all go to government union workers.
Granted there is tons of waste in military spending, I will be eager to see when BaCOCK then goes after the waste in other government programs and agencies. I won’t hold my breath though. The military most likely will be the first and last place he looks for waste.
Wow! Obama has “saved?” the citizens a whopping $40 Billion after spending 30 times that much on his stimulus bill.
I feel obligated to bow before Obama and give my eternal thanks. (Super Barf).
SO—What’s left is billions going to ACORN and La Raza
He uses this dumb grammatical construct all the time. I guess it works with the drones. Who ever said we have to waste billions to secure this nation.
Embarrassing that the CIC is this ignorant! I hope that only those who voted for Zero suffer in the next terrorist attack. The rest of us don’t deserve it.
Puke then drink :D
Wow, am I ever impressed. This wouldn’t pay off 1% of the interest on the spending Obama has announced so far.
Not hundreds of billions, TRILLIONS of dollars. And that is just next year!
I expect the media would smear themselves with their own fecal matter if they thought that would sell Obama to the US public.
You’re right. The headline is an attempt at lodging certain lies in the minds of the gullible. “Didn’t you see the paper? He’s taking an AX to the budget!”
US President Barack Obama speaks in the Eisenhower Executive Office Building next to the White House in Washington, DC. Looking on at rear are, from left: Rep. Peter Welch, Senator Claire McCaskill, Senator Carl Levin, Senator John McCain, and Rep. Edolphus Towns. Obama outlined a plan to save tens of billion dollars a year in wasteful government spending. (AFP/Mandel Ngan)
The Obama Administration is a fat anorexic.
It still eats more than it pukes.
He should probably turn the handle around.
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