    [Public Papers of the Presidents of the United States: William J. Clinton (1996, Book I)]
    [April 9, 1996]
    [Page 562]
    [From the U.S. Government Publishing Office www.gpo.gov]

    Letter to Congressional Leaders Transmitting the Report on the
    Intelligence Community Budget
    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,

                                                                Bill Clinton

    Note: Identical letters were sent to Larry Combest, chairman, House
    Permanent Select Committee on Intelligence, and Arlen Specter, chairman,
    Senate Select Committee on Intelligence.