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THE WHITE HOUSE

Office of the Press Secretary

For Immediate Release April 9, 1996

                TEXT OF A LETTER FROM THE PRESIDENT
                   TO THE CHAIRMAN OF THE SENATE
                SELECT COMMITTEE ON INTELLIGENCE AND
                     THE CHAIRMAN OF THE HOUSE
             PERMANENT SELECT COMMITTEE ON INTELLIGENCE

April 9, 1996

Dear Mr. Chairman:

In accordance with section 311(b) of the Intelligence Authorization Act for Fiscal Year 1996, I transmit herewith the Report on Executive Branch Oversight of the Intelligence Community Budget. This report describes actions taken: (1) to improve budget formulation and execution for national intelligence agencies, (2) to establish more effective financial management throughout the intelligence community, with particular emphasis on the National Reconnaissance Office (NRO), and (3) to reduce the forward funding balances of the NRO.

Sincerely,

WILLIAM J. CLINTON

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