Federal Government Overpaid $47 Billion a Year

Today, the White House is launching its second annual SAVE Award, which encourages federal employees to submit ideas on how to save taxpayer dollars. Federal employees will be able to rank the submissions submitted by colleagues, and then the general public will be able to vote on the top submissions later this year. Last year’s contest generated more than 38,000 submissions from government employees and more than 84,000 votes. Last year’s winner? A Department of Veterans Affairs employee from Colorado who suggested that VA medical centers should permit patients to take home extra bandages and medication when they are discharged. Estimated savings: $14.5 million by 2014. Not bad. But we have a better idea. How about paying federal employees what they would be worth in the private sector? Potential savings: $47 billion a year.

In March, USA Today reported that Federal... http://blog.heritage.org/2010/07/08/morning-bell-federal-government-over...