Tea Parties prompt a cabinet budget cut

The first formal Cabinet meeting is being held just days after a series of Tea Party demonstrations across the country in which protesters challenged the administration over it's massive spending.

A senior administration officials says Barack Obama is ready to ask federal department and agency chiefs to find $100 million to cut from the budget when he holds his first formal Cabinet meeting.

The move would cut $100,000,000 from a $3,550,000,000,000 budget. A mere drop in the bucket.

The official previewed Topic A for Monday's Cabinet meeting on grounds of anonymity because it will be a private session. He said Obama will be reminding Cabinet members that financially-pressed families are looking to the government to spend their money wisely.

In the last three months the federal government has thrown money around as if it came from a Parker Brothers Monopoly game!

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