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10 Ways to Reduce Wasteful Spending

Every year, government agencies put forth ideas on how their particular department can save money. This year, the Obama administration is proposing 126 cost saving measures totaling $23 billion for the 2011 federal budget. Some of these measures are big-ticket items involving the reduction or deletion of specific programs that can save hundreds of millions or even billions of dollars on their own.

Other measures are small, common cost-saving measures that often equate to turning out the lights when one leaves a room or not throwing away items that are still perfectly usable. These proposals only amount to savings of roughly $200 million in the 2011 budget, but if some of them were enacted throughout the federal government, the savings could be potentially huge, said Steve Ellis, vice president for Taxpayers for Common Sense, a non-partisan government watchdog group. But such mandates are rare, so simple savings maneuvers are often championed by only a handful of departments, he added.

"There are things to eliminate waste that should be done government-wide, and often times they're things that are already going on in companies and even in our homes," Ellis said.

Here, we take a look at 10 cost-saving measures the administration is considering that do not involve staffing reductions or elimination of programs — measures that could be implemented today.

Click ahead to see 10 ways the government plans to reduce wasteful spending in 2011.

By Constance Parten
Published: 26 July, 2010

Source: Office of Management and Budget

Image Source: Getty Images