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  • Obama to Order Cabinet to Quickly Cut $100 Million From Department Budgets

    04/20/2009 6:35:11 AM PDT · by reaganaut1 · 161 replies · 5,272+ views
    Washington Post ^ | April 20, 2009 | Michael A. Fletcher
    President Obama plans to convene his Cabinet for the first time today, where he will order members to identify a combined $100 million in budget cuts over the next 90 days, according to a senior administration official. The budget cuts, while they would account to a minuscule portion of federal spending, are intended to signal the president's determination to cut spending and reform government, the official said. Obama's order comes as he is under increasing pressure to show momentum toward his goal of eventually reducing the federal deficit, even as he goes about increasing spending in the short run to...