Quotation by

Herman Cain

My approach to cutting spending as president, is to do a ten percent across the board cut of all federal agencies, and then ask each of my new agency heads to find another ten percent by drilling down. That's what you do in business to come up with approx

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Understanding this quote AI Analysis

Herman Cain is saying that as president, he would first reduce the budget of every federal agency by ten percent uniformly. After that, he would have the leaders of those agencies look closely at their operations to find an additional ten percent in savings.

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