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1st Session

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Printed for the use of the Joint Econon sit of CALIFORNIA

BERKELEY

U.S. GOVERNMENT PRINTING OFFICE

77-601

WASHINGTON : 1967

For sale by the Superintendent of Documents, U.S. Government Printing Office
Washington, D.C. 20402 Price 75 cents

JOINT ECONOMIC COMMITTEE

(Created pursuant to sec. 5(a) of Public Law 304, 79th Cong.)

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LETTER OF TRANSMITTAL

MAY 2, 1967.

To the Members of the Joint Economic Committee:

I am transmitting herewith for your use and other members of the Congress and the interested public, selected background material on economy in Government. These data have been prepared especially for hearings of the Subcommittee on Economy in Government scheduled for May 8, 9, 10, and 16, 1967.

This study was prepared by Mr. Ray Ward, temporary economic consultant to the subcommittee, and any findings and conclusions herein are the author's and are neither approved nor disapproved by the subcommittee.

Sincerely,

WILLIAM PROXMIRE, Chairman, Joint Economic Committee.

III

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