Wednesday, November 9, 2011

President Obama Targets Travel and other Areas for Budget Cuts

President Obama is continuing to try to find ways around the refusal of Congress to pass his $447 billion Jobs Plan. His latest effort targets cutting government agencies' spending in areas like travel, vehicle purchases, printing costs (by making things available electronically), unused or under-utilized electronics like laptops and phones, and promotional items like coffee mugs and gadgets.

The executive order urges agencies to utilize teleconferences and videoconferences so as to cut back on the amount of spending that goes into training/ conference/ meeting related travel- something that could have a substantial impact on the meeting/ event planning industry.

For an in-depth article, see here: http://news.yahoo.com/obama-signs-order-cut-travel-cellphones-swag-171104060.html

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