Home / Civilian / Obama Signs Executive Order to Cut IT Device, Travel Spending 20%

Obama Signs Executive Order to Cut IT Device, Travel Spending 20%

White House image

President Obama signed an executive order Wednesday to cut waste and promote efficient spending.

The order calls on federal agencies to reduce spending on IT devices, travel, vehicles and printing, among other areas.

According to rttnews.com, the campaign consists of executive actions designed to boost up the economy and stimulate job growth.

In a White House statement accompanying the order, the president acknowledged the super committee and its efforts to come to an agreement to reduce the budget deficit.

“In the meantime, we don’t need to wait for Congress in order to do something about wasteful spending that’s out there,” he said.

The president said the areas covered in the order will be reduced by 20 percent and agencies will be held accountable for meeting the reduction goal.

Check Also

SEC to Address Financial Technology Concerns, Innovations via New Hub

The Securities and Exchange Commission has opened a hub where it can coordinate with public and private sector entities to address concerns and initiate developments in financial technology.
 

Leave a Reply

Your email address will not be published. Required fields are marked *