President's Program for Economic Recovery V. 114495

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114495 1 (1981-03-03)

handle is hein.gao/gaobadyqd0001 and id is 1 raw text is:
L1q 1

UNITED STATES GENERAL ACCOUNTING OFFICE
Washington, D.C. 20548

FOR RELEASE ON DELIVERY
Expected on
March 3, 1981

Statement of

Elmer B. Staats

Comptroller General of the United States

before the111

Committee on the Budget

U.S. House of Representatives 114495

on the

j~sidnt's Program for Economic Recoverj

Mr. Chairman and Members of the Counnittee:

I am pleased to appear before you today to diAcuss the

President's Program for Economic Recovery. The President has

proposed a multiyear plan which includes proposals for reducing

Federal spending and taxes. Specific budgetary and legislative

proposals to implement these plans are expected to be submitted

in the very near future. Views expressed in this statement are

based on proposals made public to date.

Over the years, GAO has made many recommendations for changes

in programs and administrative practices to achieve savings and

to improve program effectiveness. Many of our recommendations

have been adopted as part of the President's plan. We have pro-

vided your committee a report summarizing our comments on the

individual program proposals in the President's plan. We pre-

viously provided information on the program reduction alternatives