07/28/1976
https://www.presidency.ucsb.edu...
"Adviser to the Secretary (Counselor, Economic Policy Board), Department of the Treasury, to terminate effective June 1, 1975."
"Of those suggestions submitted, more than 255,000 have been adopted with resultant tangible first year benefits in excess of $799,000,000."
"Cash awards totaling $1,358,818 were paid for these adopted suggestions, based not only on the tangible first-year benefits of $71,461,841 which were realized therefrom, but also on many additional be..."
"More than 1.6 million suggestions submitted since that time attest to the success which the program has had as a means of motivating military men and women to seek ways of reducing costs and improving..."