Mexico's New President Cuts Own Salary
Associated Press Writer
Calderon said in a televised speech that he also would slash government spending on everything from cell phone calls to foreign trips and increase transparency to avoid corruption.
"We will give accounts of every peso that citizens have given to the government," Calderon said. "Transparency and accountability is the responsibility of every democratic government."
Calderon said the spending cuts he signed in the Sunday decree would save about $2.5 billion in the next year, or enough to build 2,500 schools. He also promised to send a public spending bill to Congress to make long term savings.
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