Diary

REMEMBER THE REAL BUDGET COMMISSION?

REMEMBER THE REAL BUDGET COMMISSION?
THE GRACE COMMISSION submitted their report to Reagan in 1984.
It was not a panel of political hacks and has beens.
It was a panel led by a successful businessman Peter Grace who worked for a dollar a year.
The only things in common between the 1982 and 2010 groups was both were formed because congress suxed.
As I recall, over 200 recommendations were enacted but many others were rejected by the royal congress.
The sad part is the royal congress has no panel or system themselves…just distortions and contortions to over spend.
Here is the link. Look at the size of the numbers compared to those of 2010.
http://www.uhuh.com/taxstuff/gracecom.htm
http://conservablogs.com/theconservativecrawfish