Analysis of the Grace Commission's Major Proposals for Cost Control
Abstract
The outlook for the federal budget under current policies for the next five years is for large and growing deficits. The President's Private Sector Survey on Cost Control (PPSSCC) has submitted to the President nearly 2,500 recommendations, which it claims would save $424 billion over three years when fully implemented. The PPSSCC, better known as the Grace Commission, characterizes its recommendations as means for reducing program waste, correcting system failures, improving personnel management, and attacking structural deficiencies. The Congressional Budget Office (CBO) and the General Accounting Office (GAO) have reviewed nearly 400 of the PPSSCC recommendations that account for almost 90 percent of the potential three-year savings as estimated by the Grace Commission. To the extent possible, the impact of the PPSSCC proposals on the CBO baseline budget projections for fiscal years 1985-1989was estimated, and an analysis of the likely program impact was made.
Document Details
- Document Type
- Technical Report
- Publication Date
- Feb 01, 1984
- Accession Number
- AD1118725
Entities
People
- Charles Arthur Bowsher
- James L. Blum
- Nancy H. Brooks
- Peter J. Mcgough
- Robert L. Faherty
- Rudolph G. Penner
- Thelma L. Jones
Organizations
- United States Government Accountability Office