The other day I met with a very accomplished businessman and financier named Walter Raquet, who has what I think is a great idea for reducing the cost of running the US government.

Raquet — who co-founded Knight Capital Group in 1995 among many other things and also wrote a book called “Government Is Killing The Economy” — thinks that all major government agencies should have a “board of advisers.”

Essentially this would be like an independent board of directors at public companies that would watch over spending and other such things that are causing the US government to run up deficits that could soon reach $1 trillion a year and has resulted in the debt ballooning to more than $21 trillion.

“I want an adviser board for every government agency,” Raquet told me, “mostly made up of seasoned business executives.” He thinks the biggest savings can be found in health care — “easily $1 trillion,” Raquet says. So he’d like to put himself on that board.

“Just run [government] like a business,” Raquet says. And with a businessman in the White House, that might be accomplishable.

Raquet says he’s already received a warm reception from one top Trump economic adviser. But Raquet would like his idea to get bipartisan support.

Toward that end, I put him in touch with the Democrats. Let’s see if both parties can actually work together.