But by reforming the pension system for federal employees to bring the benefit calculation in line with the private sector standard, the government could save $5 billion over the next decade. We could reform the structure of the federal Employee Health Benefit Program and save an additional $18 billion. These are just a few examples what I would call low hanging fruit of the opportunities for us to save taxpayer money and to begin to reverse the reckless spending policies of the last four years. (11:50–12:00)
CLAIM
Asserts potential savings of $18 billion by reforming the federal Employee Health Benefit Program.
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