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THE WHITE HOUSE

Office of the Press Secretary


For Immediate Release December 11, 1998

EXECUTIVE ORDER


              FURTHER AMENDMENT TO EXECUTIVE ORDER 13037,
                 COMMISSION TO STUDY CAPITAL BUDGETING

By the authority vested in me as President by the Constitution and the laws of the United States of America, and in order to extend the reporting deadline for, and the expiration date of, the Commission to Study Capital Budgeting, it is hereby ordered that Executive Order 13037, as amended, is further amended by deleting in section 3 of that order "within 1 year from its first meeting" and inserting in lieu thereof "by February 1, 1999" and by deleting in section 5 of that order "30 days after submitting its report" and inserting in lieu thereof "on September 30, 1999".

WILLIAM J. CLINTON

                                   THE WHITE HOUSE,
                                   December 11, 1998.

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