Analysis by Allison Morrow and Matt Egan, CNN New York (CNN) — Once upon a time, a brash outsider entered the Oval Office with a promise to “drain the swamp.” He brought in a posse of businesspeople, led by a leading industrialist, to work like “tireless bloodhounds” to root out inefficiencies in Washington’s vast bureaucracy. It was 1982, and President Ronald Reagan’s Grace Commission began its quest to get rid of hundreds of billions of dollars in wasteful spending. Much like President-elect Donald Trump’s “Department of Government Efficiency,” the advisory board led by entrepreneurs Elon Musk and Vivek Ramaswamy, the Grace Commission had no authority to implement changes, only to a
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