Reducing Unnecessary Spending

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Reducing Unnecessary Spending
Posted by OMB Director Peter Orszag on May 24, 2010 at 12:12 PM EDT

Cross-posted from the OMB Blog.

Today, the President sent to Congress the Reduce Unnecessary Spending Act of 2010 to establish a new, expedited tool to reduce unnecessary or wasteful spending. Under this new expedited procedure, the President would submit a package of rescissions shortly after a spending bill is passed. Congress is then required to consider these recommendations as a package, without amendment, and with a guaranteed up-or-down vote within a specified timeframe.

http://www.whitehouse.gov/blog/2010/05/ ... y-spending