Fiscal Responsibility

Release Time: For Immediate Release Tonight, Senate Republicans chose to raise taxes on nearly 160 million hardworking Americans because they refused to ask a few hundred thousand millionaires and billionaires to pay their fair share. They voted against a bill that would have not only extended the $1,000 tax cut for a typical family, but expanded that tax cut to put an extra $1,500 in their pockets next year, and given nearly six million small business owners new incentives to expand and hire. That is unacceptable. It makes absolutely no sense to raise taxes on the middle class at a time when so many are still trying to get back on their feet.

Release Time: For Immediate Release EXECUTIVE ORDER PROMOTING EFFICIENT SPENDING By the authority vested in me as President by the Constitution and the laws of the United States of America, and in order to further promote efficient spending in the Federal Government, it is hereby ordered as follows: Section 1. Policy. My Administration is committed to cutting waste in Federal Government spending and identifying opportunities to promote efficient and effective spending. The Federal Government performs critical functions that support the basic protections that Americans have counted on for decades. As they serve taxpayers, executive departments and agencies (agencies) also must act in a fiscally responsible manner, including by minimizing their costs, in order to perform these mission critical functions in the most efficient, cost effective way. As such, I have pursued an aggressive agenda for reducing administrative costs since taking office and, most recently, within my Fiscal Year 2012 Budget. Building on this effort, I direct agency heads to take even more aggressive steps to ensure the Government is a good steward of taxpayer money.

Release Time: For Immediate Release WASHINGTON, DC – This morning, President Obama will sign an Executive Order that will cut waste and promote more efficient spending across the federal government. With this Order, the President is directing agencies to reduce spending on travel; limit the number of information technology devices (e.g.

Release Time: For Immediate Release Multi-Million dollar Georgetown Property Deemed Excess Today, Updated Map and Dashboard Unveiled WASHINGTON, DC - Today, the White House Campaign to Cut Waste announced important progress in the effort to rid the government of excess property.

Release Time: For Immediate Release Last week, I held a Cabinet meeting where I directed agency heads to do more to cut waste in their departments.