Federal Government Saves $4B in the First Half of 2012; Jeffrey Zients Comments

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Jeffrey Zients

The Office of Management and Budget announced that the Obama administration was able to save $4 billion for the first six months of 2012, the Washington Post reports.

This comes after a report about a General Services Administration conference outside Las Vegas in 2010, which cost $832 thousand and caused a public uproar.

OMB acting director Jeffrey Zients said that the current savings come from “innovative management practices” like the Agriculture Department‘s adoption of BYOD and cellphone contract consolidation.

Zients added that moving from printing on paper to electronic document sharing has helped the Air Force save $80 million over five years.

The Social Security Administration is also using alternative fuel and less vehicles to induce savings.

Joe Davidson writes that Vice President Biden said the six-month’s worth of savings support the Campaign to Cut Waste program from 2011.

As the Obama administration lauds its efforts to cut spending, the inspector general of Veterans Affairs is investigating two conferences in which $9 million was authorized and $5 million was spent.

However, Zients went on to say the federal government is spending less money and spending it smarter.

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