On November 9, 2011, the President signed Executive Order 13589 "Promoting Efficient Spending." In that Executive Order, the President directed each agency to reduce its combined costs in a variety of administrative categories by not less than 20 percent in Fiscal Year (FY) 2013 from FY 2010 levels. Agencies have since developed plans for achieving these cuts, and the President's FY 2013 Budget identifies $8 billion in reduced costs as a result of Executive Order 13589.
In FY 2013, each agency shall spend at least 30 percent less on travel expenses covered by this memorandum than in FY 2010. Agencies must maintain this reduced
level of spending each year through FY 2016.