FCC, Other Agencies Asked To Cut Discretionary Spending 5%
June 9, 2010 at 4:51 AM (PT)
OFFICE OF MANAGEMENT AND BUDGET Director PETER ORSZAG told an audience at the CENTER FOR AMERICAN PROGRESS that the OBAMA administration is asking all federal agencies, including the FCC, to list their bottom 5% performing discretionary programs and are asking all non-security agencies to "specify how they would reduce their budgets by 5%, which will give us the ability to achieve the overall non-security freeze even while meeting inevitable new needs and priorities."
The proposal, added to a three year freeze on non-security-related discretionary spending, is aimed at saving $250 billion over the next decade.
"As stewards of the American people's tax dollars, we cannot afford to waste money on programs that do not work, that are out-dated, or that are duplicative of one another," ORSZAG said.