DOD contest offers cash for cost-saving ideas
Published: August 12, 2010
You could win up to $1,000 by submitting the best idea for how the Defense Department can save money.
The department is looking to show Congress it can cut costs to assuage some lawmakers who would rather use money earmarked for defense spending on social programs. Defense Secretary Robert Gates is looking for $100 billion in savings over time, and he has already recommended eliminating Joint Forces Command and other cost-savings measures.
But the department is also soliciting ideas on how to save money as part of a contest between now and Sept. 24 that is open to active-duty troops, reservists and department civilians.
The selection process takes too much time to describe; suffice to say 25 winners will be announced in October. They will get cash prizes of $500 or $1,000.
For more information, go here.
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