President Obama Seeks to Stop ‘Unnecessary Printing,’ Spending on Swag
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• The Department of the Treasury plans to reduce spending on printing by increasing the number of paperless transactions it conducts with the public. In total, Treasury expects this initiative will reduce printing costs by up to 24 percent in Fiscal Year 2012. Treasury’s initiative to increase the number of paperless transactions it conducts with the public is expected to save more than $500 million and 12 million pounds of paper over its first five years alone.
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