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This is called "mandatory savings" -- reducing funds for a mandatory program.
Part of this expenditure will be made up for by reducing funds for domestic programs.
It's important to weigh how dangerous a world we live in before reducing funds for an already inadequate military.
But, in 2006, the Veterans Corporation decided that it wanted to provide small-business assistance through other existing organizations, and began reducing funds for the centers.
If investors stop trusting financial statements, they will charge a higher cost of capital to honest and deceitful companies alike, reducing funds available for investment and slowing growth.
In each of the past two years, the administration has put forward about $20 billion in savings from ending some programs and reducing funds for others.
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By reducing funding costs, it should allow banks to increase lending to UK households and firms.
The initiative was aimed at reducing fund fees, a goal Citigroup executives say was accomplished.
To be fair, they were even-handed, reducing funding to higher education to an even greater extent.
Earlier this month, Mr. Paterson proposed $2 billion in savings, which he would have achieved by reducing funding for a host of agencies and programs, most notably public schools and hospitals.
Reducing funding for youth services and targeting young people and neighbourhoods most in need.
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