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THE PRESIDENT'S PRIVATE SECTOR SURVEY ON COST CONTROL
The Honorable William D. Ford
and Civil Service
Dear Mr. Chairman:
In response to the request of Congressman Clay, I am enclosing the latest Balance Sheet and Income Statement, as of August 31, 1982, for the Foundation for the President's Private Sector Survey on Cost Control, Inc. (PPSS). I transmitted Congressman Clay's request to the Foundation, and they made the above financial statements available to me with permission to send them to you.
Felix E. Larkin
1850 K Street, N.W.. Suite 1150 • Washington, D.C. 20006
As you know, the President of the United States has
turned to the private sector to survey Federal government ex
penditures and recommend cost saving measures that, if successful,
will alleviate the trend toward greater deficits and, at the
same time, increase operating effectiveness.
An Executive Com
mittee is being formed that includes the Chief Executive Officers
of many of the leading companies in America.
They and other
business executives will be devoting a great deal of their time
free of charge over the next 4-6 months.
It is the aim of this project to recommend improvements
in the efficiency of the Executive Branch of the Federal government.
It is planned to have about 32 individual task forces, each headed
In many instances, these opportunities have already been identified by the officials themselves and the survey will give the
additional thrust needed to put them into effect.
In addition to the business volunteers, there will be
a need for a coordinating office in Washington and for professional
and clerical assistance.
The President has requested that the
survey be conducted with virtually no expense to the Federal
government and so there has been created a charitable foundation
which will receive tax deductible contributions.
will then defray the expenses of the survey.
I have agreed to
serve as an advisor to this charitable foundation and therefore
I am soliciting your company's financial support in the amount of $
for this endeavor. All of us have been complaining
about the share of the GNP going to the public sector.
a chance to do more than complain, so I hope we can count on your
Please make your check payable to "Foundation for the
President's Private Sector Survey on Cost Control, Inc." and send
it to the attention of Mr. Kenneth Millian, Treasurer of the
Foundation, International Square Building, Suite 1150, 1850 K St.
As you undoubtedly have read, the President has requested
Peter Grace to become Chairman of the Executive Committee of the
Private Sector Survey and Peter is going all out to make this
effort a success.
Your support of the Foundation and this effort
by businessmen will go a long way towards making the survey a
success and will be appreciated by the President, by Peter Grace,
and by me.
Reginald H. Jones