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In The Loop
Posted at 02:23 PM ET, 08/22/2012

GSA’s penny-pinching strategies: What, no coupon-clipping?


Will House Transportation Committee Chairman Rep. John Mica,shown here blasting GSA spending, be impressed with the agency’s cost savings? (J. Scott Applewhite - Associated Press)
The General Services Administration — home of the $823,000 Las Vegas conference — on Wednesday proudly announced some penny-pinching strategies.

The revolutionary cost-saving tactics, developed with the help of online employee surveys, included cancelling print subscriptions to newspapers and magazines (they can still read the Loop online for free, after all) and setting printers to print on both sides. What, no Heloise-style hints like recycling used egg cartons and kitchen sponges?

The total amount the agency will save (if, and only if, the strategies reach their maximum buck-saving potential) is.... wait for it... a cool $5.5 million (the agency’s budget is over $23 billion). A GSA spokeswoman tells us the five ideas are only the tip of the savings iceberg, and that they’re planning to put more cost-cutting mechanisms in place.

Still, five mill is nothing to sneeze at. In fact, it’s enough for six more conferences in Vegas — clowns and mind-readers included!

By  |  02:23 PM ET, 08/22/2012

 
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