If he really means it, he will have a field day and this could be his legacy: Obama Pledges to Cut Dozens of 'Wasteful' Programs

From The Wall Street Journal:

President Barack Obama promised Saturday to eliminate dozens of government programs that have been shown to be "wasteful or ineffective" and said he will call on his cabinet to hunt their budgets for more.

"There will be no sacred cows, and no pet projects. All across America, families are making hard choices, and it's time their government did the same," Mr. Obama said in his weekly radio and video address.