US President Barack Obama (L) greets Senator John McCain (R-AZ) (R) before a dinner for committee chairmen and other congressional leaders at the White House in Washington, March 4, 2009. REUTERS/Jonathan Ernst (UNITED STATES)
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 ...
Mr Oboma considers ALL defense spending wasteful. It has always been his agenda to steal from the defense budget to pay for his social engineering.
$40 billion is just a beginning
US President Barack Obama (L) greets Senator John McCain (R-AZ) (R) before a dinner for committee chairmen and other congressional leaders at the White House in Washington, March 4, 2009. REUTERS/Jonathan Ernst (UNITED STATES)
Constant propaganda double talk like the old USSR. Confuse the populace and exhaust them with constant crisis.
The Bush years are looking like nirvana and paradise.
Gosh, this is like PT Barnum being President. All show!
or NASA...
I was talking about Porkulus alone and not the pending spending bills. Fourty billion is just their target amount for savings and it truly is just a speck compared to the amount that future generations will have to pay-off.
You mean he’s going to stop travelling and actually do some work?
Who believes this BS? We just spent a trillion dollars, and we’re about to spend about 450 billion more. Then there’s the prospect of spending 4 trillion more over the next couple of years. Obama must think we’re all fools. Considering the fact that the public elected him, he’s right.
Typical Democrat. Only lies when his mouth is moving.
First I checked the article to see if you took liberties with the headline (sorry).
Then, when I saw it was a perfect quote, I soiled myself laughing.
BULL CRAP
I agree Obama. Cut “runaway” Pentagon spending while we’re fighting 2 wars but forgawdsakes, save the mice in San Fran.
That’s a no brainer.
...and what about the $78 billion they lost?
ap has piece titled on wire
Obama orders overhaul of `broken’ US contracting
http://news.yahoo.com/s/ap/20090304/ap_on_go_pr_wh/obama_waste;_ylt=AgfJWH2Xi3Nv1MKPVoGSSnCyFz4D
Great, that will keep AIG solvent for another couple of months.
Mr. Obama intends to destroy our military, and this is just the beginning.
He’s going to convert all of the missle tubes in Trident submarines for transgender berthing.
He really believes this ~
Within weeks the odds are good he'll be a physical danger to his family. I predicted his wife wasn't going to hang around DC with him much past the first 6 weeks in office, and here we are.
Michelle knows.
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