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Obama seeks military savings

Tue Mar 24, 2009 8:46 PM EDT
politics, obama, barack-obama, spending, defense
Associated Press
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WASHINGTON — President Barack Obama says he can save money on defense and veterans programs by targeting the way the military buys its equipment. He says the country can remain safe and make sure veterans have the services they deserve.

Obama says too often in recent years, returning veterans haven't been given what they need in such areas as treatment for post-traumatic stress and serious brain injuries.

He says he wants to serve those veterans and reduce military spending by keeping close tabs on the way contractors and lobbyists do business. He told reporters at a Tuesday evening news conference that he's already targeted $40 billion in procurement savings, and that he'll continue to look for ways to reduce wasteful spending on multibillion-dollar weapons systems.

© 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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