Unless you're rich, you're probably tightening your belt these days, reducing the extras. Financial types call it the "latte factor," the little stuff that eats at your budget.
Looks like the federal government has a latte list all its own.
Every president has suggestions of what can be trimmed, and when President Barack Obama unveiled his proposed 2011 budget last week, all the major stuff made headlines: $3.8 trillion in spending that would deepen the deficit by $1.3 trillion. More money for education and health. The death of upper-income tax breaks and the manned-moon program.
Yet, in all the print and verbiage, no mention was made of saving money on two-sided copying, or getting rid of paper pay stubs, or finally minting pennies that cost less than 1.8 cents to make.
Each is detailed in a 124-page budget addendum that spells out ways the Obama administration proposes to save about $20 billion of taxpayers’ money.
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