Obama's "Drop In The Bucket"

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marklevinshow.com




"One of the messages that I delivered today to all the members of the cabinet was, uh, 'As well as you've already done, we're going to have to do that.' I'm asking for all of them to identify, uh, at least a hundred million dollars in additional cuts to, uh, pare administrative budgets, separate and apart from, uh, the work that Peter Orszag and the rest of our team are going to go line by line in the budget and identify programmatic cuts that need to be made." President Barack Obama on Monday ordered his Cabinet to find ways to slice spending by $100 million, but acknowledged it's a "drop in the bucket" and said there's a "confidence gap" that he needs to overcome. - news.yahoo.com, April 20, 2009

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