Obama Declares Himself Fiscal Conservative

GREEN BAY, Wis. — Democratic presidential nominee Barack Obama moved to claim the mantle of fiscal responsibility in a roiling economy, vowing on Monday to slash federal spending on contractors by 10 percent and saving $40 billion. Urging members of his own party to be just as fiscally tough as the most conservative Republicans, Obama said the $700 billion economic bailout plan proposed by the Bush administration and congressional leaders is forcing a renewed look at federal spending. As president, Obama said he would create a White House team headed by a chief performance officer to monitor the efficiency of government spending. “I am not a Democrat who believes that we can or should defend every government program just because it’s there,” Obama said at a rally in Green Bay. “We will fire government managers who aren’t getting results, we will cut funding for programs that are wasting your money and we will use technology and lessons from the private sector to ... (link)