PRESIDENT'S COMMISSION TO STUDY CAPITAL BUDGETING
White House Conference Center (third floor)
Truman Room (202-456-7920)
726 Jackson Place, Washington, DC
(in townhouses on the west side of Lafayette Park across from the
White House)
Saturday, December 13, 1997
10:00 a.m. - 4:00 p.m.
PROPOSED AGENDA
10:00
Introductory Remarks and Discussion of Proposed Agenda
Gene Sperling, Assistant to the President for Economic Policy, Director
of the National Economic Council
Kathleen Brown
Jon Corzine
Discussion of today's agenda
10:30 Housekeeping
Items
Ethics (Bob Damus, General Counsel, OMB)
The Federal Advisory Committee Act (FACA) (Maynard Comiez,
Department of the Treasury, Designated Federal Official)
Open meetings
Meetings announced in the Federal Register 15 days in advance
Minutes available to the public
The Commission's budget and related items (expenses of the Commission,
etc.)
Role of OMB and Treasury staff
11:00 What
Do We Want to Do?
Purpose and goal of the Commission
Content, length, and deadline for report to the National Economic Council
11:30 How
Do We Want to Do the Work?
Expert views
Purpose, number, and schedule for meetings and hearings
12:00 Who
Should Help Us Do the Work?
Role of the Commissioners
Staff director and staff
Other organizational issues
12:15 Working
Lunch in Eisenhower Room: White House Conference Center (second floor)
1:15
Discussion of the Four Items from the Executive Order (about 20 minutes
each)
(a) Capital Budgeting Practices of Other Governments and the Private Sector
1:35
(b) The Appropriate Definition of Capital for Federal Budgeting
1:55
(c) The Role of Depreciation in Capital Budgeting
2:15
(d) The Effect of a Federal Capital Budget on Budgetary Choices
2:45
Break
3:00
Summary Comments and Next Steps
Kathleen Brown
Jon Corzine
3:30
Questions from the Press
4:00
Adjourn
President's Commission to Study Capital
Budgeting
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