Obama encourages program for saving funds listen12/21/09 SeÃ¡n Kinane
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Today President Barack Obama said his administration has identified $17 billion in cost savings through scaling back or ending federal programs. He handed out the first SAVE Award to a Veterans Affairs Department employee from Colorado. SAVE stands for "Securing Americans Value and Efficiency."
Obama: *â€œWeâ€™ve already begun to implement a host of suggestions made through the SAVE contest. And while promoting electronic pay stubs or scheduling Social Security appointments online or re-purposing unused government supplies may not be the most glamorous reforms in history, when taken together, these small changes can add up; they add up to a transformation of how government works.*
*â€œAnd thatâ€™s why weâ€™re going to turn the SAVE Award into an annual event. Thatâ€™s why weâ€™re holding a forum at the White House next month to seek more ideas from the private sector, specifically about how we can better use technology to reform our government for the 21st century.â€*
Obama says the changes his administration is implementing have saved a total of $19 billion so far this year.