The U.S. General Services Administration expects to save more than $11 million through reduced meeting, conference, training and travel costs

for the six months ending Sept. 30, according to an audit the agency released this week. The savings are the result of new policies implemented in April 2012, according to GSA. "To date, GSA has canceled 47 conferences and implemented strong oversight to ensure that all travel and events are limited to necessary and essential functions," according to GSA. Referencing the "significant cuts in travel and conference spending," GSA acting administrator Dan Tangherlini claimed that "these savings are just the beginning."