A new report from Lexmark and O'Keeffe and Co. has shown that  the US federal government wastes $440.4 million a year on unnecessary printing.

The report, based on a survey of 380 federal government employees and combined that with Lexmark data estimating the federal government cost per printed page, estimated that the government spends about $1.3 billion on printing annually.

64% of employees said they could print less and 69% said their agencies could move more towards digital documentation. However, 89% said that their agencies don't have formal printing policies to cut back on printing, and 54% of federal employees said they weren't aware of cost considerations of printing.