Dhaka, Feb. 23 -- A new administration has entered Washington with promises of dramatic reforms, leveraging business strategies and technological advancements to overhaul federal operations. It has offered buyouts to government employees and aggressively reduced expenses in an effort to balance the budget.

While this may resemble billionaire Elon Musk's cost-cutting measures under Republican President Donald Trump, the largest effort to revamp the federal government in modern history actually took place three decades ago. In the 1990s, Democratic President Bill Clinton launched the "Reinventing Government" initiative, led by Vice President Al Gore, with a focus on efficiency and modernization.

Musk himself has drawn parallels between hi...