Feds offer cost-cutting ideas in third SAVE Awards

Tuesday - 7/26/2011, 8:32am EDT

Federal employees know best the in's and out's of their jobs - and they also know best how their agencies can cut costs.

That's the idea behind the President's SAVE Awards, now in its third year.

Through July 29, feds can submit their money-saving ideas. OMB narrows the ideas to the final four and then opens voting to the public.

"It's what the SAVE award has created in terms of a change in the culture that really is a part of frontline employees' attitude and approach day-to-day." said Jeff Zients, OMB's deputy director for management and chief performance officer, reports Federal News Radio.

According to WhiteHouse.gov, the President has incorporated dozens of ideas into his budget proposal.