Last week, the White House announced the launch of its third annual SAVE Award, a yearly competition that seeks cost-cutting ideas from federal employees.
Since the SAVE Award was created in 2009, federal employees have submitted more than 56,000 ideas on how to promote efficiency and reduce costs in the federal government. Dozens of the most promising ideas have been included in the President’s Budget over that same span, saving hundreds of millions of dollars in the process.
Each year the President’s Office of Management and Budget narrows the best ideas to a “final four.” The American people then vote online to choose the winner. The winner will come to Washington, D.C. to present their idea to the President in person.
To submit your idea for the third annual SAVE Award, visit the White House website at http://www.whitehouse.gov/save-award. Submissions must be entered by midnight Friday, July 31st, in order to be considered for this year’s competition.