In order to cut spending and save hard working America's tax dollars I would like the Obama administration to cut the presidential compensation in the following areas. The current annual salary of 400,000 USD be cut to 300,000, the current annual expenses account of 50,000 be cut to 40,000. The non-taxable travel account of 100,000 be cut to 75,000 and the entertainment account of 19,000 be cut out completely.
The Obama administration needs to cut is own salary before it starts cutting the salary of American servicemen and other federal employees. If President Obama is serious about pulling the United States out of debt he will consider reducing is own salary.