I wouldn't cut money, I'd cut things that just plain don't make sense. We've become a creaking bureaucracy that has rules for everything and needs 5 signatures to get anything done.
When I buy a chair for my office I have to fill out forms, those forms have to be signed by 2 or 3 people, then someone (not me, a dedicated cardholder with special training) has to buy the chair from GSA Advantage, log and and track it all in spreadsheets, make sure they get reimbursed. They can only use special chair vendors, they can only buy chairs under a certain dollar amount...god forbid they split purchases...all that for an office chair. At $50/hr or more.
If I want a chair for my house I go to Wal-mart and buy a chair. Job done.