- The Washington Times - Monday, April 20, 2009

WASHINGTON (AP) - President Barack Obama says he worries the administration is suffering from “a confidence gap” with the public and has told the Cabinet to slice $100 million from federal spending within 90 days.

Obama talked briefly to reporters as he was concluding the first formal meeting of his Cabinet Monday. He acknowledged that $100 million, by itself, wouldn’t put much of a dent in a more than $3 trillion budget.

But he also said that the cumulative effect of putting agencies in a budget-cutting frame of mind would ultimately make a difference and that getting started now would “set the right tone” for families struggling to make ends meet.

THIS IS A BREAKING NEWS UPDATE. Check back soon for further information. AP’s earlier story is below.

WASHINGTON (AP) _ President Barack Obama says he worries the administration is suffering from “a confidence gap” with the public and has the Cabinet to slice $100 million from federal spending within 90 days.

Obama talked briefly to reporters as he was concluding the first formal meeting of his Cabinet Monday. He acknowledged that $100 million, by itself, wouldn’t put much of a dent in a more than $3 trillion budget.

But he also said that the cumulative effect of putting agencies in a budget-cutting frame of mind would ultimately make a difference and that getting started now would “set the right tone” for families struggling to make ends meet.

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