With more than one out of every six dollars of Federal government spending going to contractors, increasing accountability and saving money in contracting is critical to creating a Federal government that is efficient and effective. Last month, President Obama and Vice President Biden launched the Campaign to Cut Waste and issued a new Executive Order on Delivering an Efficient, Effective, and Accountable Government to hunt down misspent tax dollars across the Administration.
As part of the Campaign to Cut Waste, today, we are announcing that all agencies must cut spending for management support service contracts by 15 percent. Instead of paying $40 billion for these services, as agencies did in FY 2010, they will reduce spending to $34 billion a year by the end of FY 2012 – a reduction of $6 billion.
Fonte: White House