BUDGET CUTS: Less federal gift shops?

President Obama signed an executive order Wednesday that prevents federal agencies from "using taxpayer dollars to buy swag." What?!

From Politico:

What exactly falls under the category of “swag”? Plaques, “nonessential items used for promotional purposes” like clothing, pens and mugs, and “other unnecessary promotional items that agencies purchase,” according to the White House, which did not respond to multiple requests for more details about the “swag” and its cost.

Times are hard. No more "I <3 shovel-ready jobs" hats. No more "Stimulus Package" print gift wrap. No more "Pass This Bill" money clips.

Money government agencies can spend on travel, cell phones and computers has also been reduced. The cuts result in $4 billion in savings per year, according to the White House.