Federal Eye: Fiscally, Physically Fit at OMB

It’s day one of Fiscal Year 2010 (woohoo!) but the White House is already thinking about Fiscal Year 2011.

As of last night, the Office of Management and Budget had received 10,266 cost-saving ideas from federal employees hoping to win the first Save Award.

The winner gets a meet-and-greet with President Obama and their idea will be included in the his proposed FY 2011 budget. The agency with the highest participation rate also gets a prize. (More money in the budget, perhaps?)

The ideas “will help us identify what works and what doesn’t, so taxpayer dollars are used in the most productive and effective way possible,” OMB Director Peter Orszag wrote on his blog.

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