CNNMoney.com Senior Writer
Even on the campaign trail last year, President Obama pledged to cull waste from the budget. On Thursday, he pulled back the curtain on his plans.
All told, Obama put 121 government initiatives in the cross hairs for reductions. Dozens of them face outright elimination.
"Some programs may have made sense in the past - but are no longer needed in the present," President Obama said. "Other programs never made any sense; the end result of a special interest's successful lobbying campaign."
Congress still has to sign off on the president's proposed cuts, and already some lawmakers were crying foul.
But Obama got the process started. Here are ten programs or grants that could be ended or cut back because the administration considers them obsolete, duplicative or a waste of money.
Alaska job training: Program is "duplicative" because state receives other types of funding for job training. Savings: $3 million.
Cotton storage: Cotton is the only agriculture crop whose farmers get paid to store until prices rise. Savings: $52 million.
Close-Up fellowships: "Noncompetitive" grants used to bring thousands of students and teachers to Washington, D.C., for a week of political and government education. Savings: $2 million
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