Originally published by the Voice of America (www.voanews.com).
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April 25, 2009

Obama Calls for Fiscal Discipline
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http://enews.voanews.com/t?ctl=23DD7F2:A6F02AD83191E160181E72D016493A2B30EB2FA2E66CBB22&
 
US president outlines plan to cut spending, increase government
efficiency 
President Obama records weekly address for 25 Apr 2009In his weekly
broadcast address Saturday, U.S. President Barack Obama
outlined a plan to cut spending and increase government efficiency. Mr.
Obama said he hopes to build a foundation for longlasting prosperity
and that fiscal discipline will be a key pillar in that foundation. He
called on Congress to enact so-called PAYGO legislation, which requires
new tax or entitlement policies be enacted only after identifying how
to pay for it. He also described incentives for government agencies to
reduce spending. Agencies will get to keep a portion of savings they
identify, to reinvest in their own programs. And he announced
a forum for later this year to bring together the government and
private business in the hopes of gleaning innovative ways to work more
efficiently. 


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