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GREEN BAY, Wis. September 22, 2008 (AP) The Associated Press
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Democratic presidential candidate Sen. Barack Obama, D-Ill., claps during a rally in Charlotte, N.C., Sunday, Sept. 21, 2008. (AP Photo/Chris Carlson)
(AP)Democratic presidential nominee Barack Obama moved to claim the mantle of fiscal responsibility in a roiling economy, vowing Monday to slash federal spending on contractors by 10 percent and saving $40 billion.
Urging members of his own party to be just as fiscally tough as the most conservative Republicans, Obama said the $700 billion economic bailout plan proposed by the Bush administration and congressional leaders is forcing a renewed look at federal spending.
As president, Obama said he would create a White House team headed by a chief performance officer to monitor the efficiency of government spending.
"I am not a Democrat who believes that we can or should defend every government program just because it's there," Obama said at a rally. "We will fire government managers who aren't getting results, we will cut funding for programs that are wasting your money and we will use technology and lessons from the private sector to improve efficiency across every level of government."
"The only way we can do all this without leaving our children with an even larger debt is if Washington starts taking responsibility for every dime that it spends," he said.
Obama has focused tightly on the economy in recent days, urging Democrats and Republicans to join forces to approve a bailout of the troubled financial industry that not only saves the industry but protects taxpayers.
"We are here because an ethic of irresponsibility has swept through our government, leaving politicians with the belief they can waste billions and billions of your money on no-bid contracts for friends and contributors, slip pork projects into bills during the dead of night and spend billions on corporate tax breaks we can't afford and old programs we don't need," said Obama.
He linked the turmoil that's rocked Wall Street to federal spending he said has soared out of control, laying the blame at the feet of Republican policies he argued that rival John McCain is certain to continue.
the whole article here..
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SNIP:
GREEN BAY, Wis. September 22, 2008 (AP) The Associated Press
2 comments Font Size PrintRSSE-mailShare this story with friendsFacebookRedditTwitterStumbleUponMore
Democratic presidential candidate Sen. Barack Obama, D-Ill., claps during a rally in Charlotte, N.C., Sunday, Sept. 21, 2008. (AP Photo/Chris Carlson)
(AP)Democratic presidential nominee Barack Obama moved to claim the mantle of fiscal responsibility in a roiling economy, vowing Monday to slash federal spending on contractors by 10 percent and saving $40 billion.
Urging members of his own party to be just as fiscally tough as the most conservative Republicans, Obama said the $700 billion economic bailout plan proposed by the Bush administration and congressional leaders is forcing a renewed look at federal spending.
As president, Obama said he would create a White House team headed by a chief performance officer to monitor the efficiency of government spending.
"I am not a Democrat who believes that we can or should defend every government program just because it's there," Obama said at a rally. "We will fire government managers who aren't getting results, we will cut funding for programs that are wasting your money and we will use technology and lessons from the private sector to improve efficiency across every level of government."
"The only way we can do all this without leaving our children with an even larger debt is if Washington starts taking responsibility for every dime that it spends," he said.
Obama has focused tightly on the economy in recent days, urging Democrats and Republicans to join forces to approve a bailout of the troubled financial industry that not only saves the industry but protects taxpayers.
"We are here because an ethic of irresponsibility has swept through our government, leaving politicians with the belief they can waste billions and billions of your money on no-bid contracts for friends and contributors, slip pork projects into bills during the dead of night and spend billions on corporate tax breaks we can't afford and old programs we don't need," said Obama.
He linked the turmoil that's rocked Wall Street to federal spending he said has soared out of control, laying the blame at the feet of Republican policies he argued that rival John McCain is certain to continue.
the whole article here..