The lesson is simple and incontrovertible: don’t ever expect a commission on the federal budget to accomplish anything. It’s been almost half a century since the President’s Commission on Budget Concepts in 1967 issued a report that fundamentally changed both the federal budget and budget debate. Many of that commission’s recommendations remain in effect today and budget experts commonly look on that report as if it has religious significance.
The Big Fail, Part 2: Don't Ever Count On A Budget Commission To Do Anything
Forbes - 21 Aug 2016 17:00
The lesson is simple and incontrovertible: don’t ever expect a commission on the federal budget to accomplish anything. It’s been almost half a century since the President’s Commission on Budget Concepts in 1967 issued a report that fundamentally changed both the federal budget and budget debate. Many of that commission’s recommendations remain in effect today and budget experts commonly look on that report as if it has religious significance.
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