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The National Journal reports that many of the tenets of the order are borrowed from a budget freeze implemented by California Governor Jerry Brown in February. Agencies will have 45 days from the time of signing to develop plans to reduce costs to below 2010 levels by 2013.
Executive orders do not require approval from Congress and have the full force of law. The signing was witnessed by Vice President Joe Biden and White House budget director Jacob Lew in the Oval Office.
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Kyle A. Richardson
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Kyle A. Richardson is the editorial director of Promo Marketing. He joined the company in 2006 brings more than a decade of publishing, marketing and media experience to the magazine. If you see him, buy him a drink.
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