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Wednesday, September 23, 2009

Search Is On for Best Cost-Cutting Ideas

The Obama Administration is trying a new approach to cutting costs, asking federal employees for their ideas.
Confronted with a staggering federal deficit, the White House is inviting employees across the federal sector to submit suggestions on how to cut waste and make government more efficient. A Web site, http://www.saveaward.gov, has been established to receive the ideas.

There is no monetary award for the winning entry. The winner will, however, present the suggestion in person to President Obama. Moreover, the idea will be immortalized by its inclusion in the fiscal 2011 budget.

Governor Craig Benson tried a similar approach in New Hampshire, but offered employees a cut of the savings their ideas produced. It will be interesting to see if non-financial incentives work well in generating cost-cutting ideas from the federal bureaucracy.

1 comment:

  1. Lemme see if I can take a stab at this one:

    * let the States do their own education funding
    * let the States build their own roads
    * let the private free market launch rockets for science & tourism
    * disband the standing army, withdraw from 145 countries around the world, and allow States to re-instate the Militia ("the proper, natural, and sure defense, of a state" according to the NH Constitution)
    * begin a 4-year phase-out plan for the FDA, OSHA, OHS, FAA, IRS, and BIA

    That should save enough to turn the deficit into a surplus, and restore about 75% of the Constitution at the same time. Bonus!