67:, without these reforms, would rise to $ 13 trillion by the year 2000, while with the reforms they projected it would rise to only $ 2.5 trillion. The report's recommendations that intruded into policy were ignored by Congress, but many other efficiency recommendations were considered and some were implemented.
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The report said that one-third of all income taxes are consumed by waste and inefficiency in the federal government, and another one-third escapes collection owing to the underground economy. "With two thirds of everyone's personal income taxes wasted or not collected, 100 percent of what is
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collected is absorbed solely by interest on the federal debt and by federal government contributions to transfer payments. In other words, all individual income tax revenues are gone before one nickel is spent on the services that taxpayers expect from their government."
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The Grace
Commission report was presented to Congress in January 1984. The report showed that if its recommendations were followed, $ 424 billion could be saved in three years, rising to $ 1.9 trillion per year by the year 2000. It estimated that the
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Ronald Reagan, "Remarks at a White House
Luncheon With the Chairman and Executive Committee of the Private Sector Survey on Cost Control" (March 10, 1982)
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The US national debt reached $ 5.6 trillion in the year 2000 and reached 13 trillion in 2010 after the
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Goodsell, Charles (MayâJun 1984). "The Grace
Commission: Seeking Efficiency for the Whole People?".
149:"Here's what Trump means when he says 'drain the swamp' â even though it's not an accurate metaphor"
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Grace
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Hildreth, W. Bartley; Hildreth, Rodger (Spring 1989). "The
Business of Public Management".
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on June 30, 1982. In doing so
President Reagan used the now famous phrase, "
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Federal
Employees Liability Reform and Tort Compensation Act of 1988
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http://www.reagan.utexas.edu/archives/speeches/1982/31082d.htm
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Emergency Food
Assistance and Soup Kitchen-Food Bank Program
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Investigation to eliminate inefficiency in the US government
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The Grace Report from
Defense Technical Information Center
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Voting Accessibility for the Elderly and Handicapped Act
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Consolidated Omnibus Budget Reconciliation Act of 1985
274:"Debt to the Penny (Daily History Search Application)"
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Superfund Amendments and Reauthorization Act of 1986
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Uniformed and Overseas Citizens Absentee Voting Act
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856:CanadaâUnited States Free Trade Agreement
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371:) is being considered for deletion. See
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957:Comprehensive Crime Control Act of 1984
240:Hershey, Jr., Robert D. (May 7, 1984).
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27:), commonly referred to as the
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373:templates for discussion
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