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118569914
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[Economic Program Working Group Meeting 02/12/1981 (Michael Deaver Set)] (3)
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[Economic Program Working Group Meeting 02/12/1981 (Michael Deaver Set)] (3)
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https://catalog.archives.gov/id/118569914
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137
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Records of the White House Office of the Deputy Chief of Staff (Reagan Administration)
Michael Deaver's Subject Files
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1985-12-31
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1985
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1981-01-01
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Ronald Reagan Presidential Library Digital Library Collections This is a PDF of a folder from our textual collections. Collection: Deaver, Michael Folder Title: Economic Program Working Group Meeting 02/12/1981(Michael Deaver Set) (3) Box: 37 To see more digitized collections visit: https://reaganlibrary.gov/archives/digital-library To see all Ronald Reagan Presidential Library inventories visit: https://reaganlibrary.gov/document-collection Contact a reference archivist at: [email protected] Citation Guidelines: https://reaganlibrary.gov/citing National Archives Catalogue: https://catalog.archives.gov/ RONALD REAGAN LIBRARY TRANSFER/PARALLEL/OVERSIZE FILE SHEET Please circle "preservation" (put in AV, etc.), "classified" (parallel filed in vault/annex), "collection" (misfile, provenance), "RD/FRD" (parallel file), "NATO" (parallel file), "SAP" (parallel file) PRESERVATION CLASSIFICATION COLLECTION RD/FRD NATO SAP FROM: Collection Fuller, Craig Files Series series IV : Dubient Fle File Folder Title/Casefile #/NSC # see below Box Number OA8991 ( LEOA 30) Description of Material: I [Economic Program working Group Meeting 02/12/1981 (Michael Deaver Set) ] (A)(2)CD-C)) 2 [Economic Program workeny Group Meeting 02/13/1981 (Michael Deaver set)] (1)-(3) These are duplicates of Fuller materiel of dearly marked for Deaver TO: Collection: Deaver, Michael Files Series: Series IV: Subject File File Folder Title/Casefile #/NSC # Box Number: OA 8606 (Box 39) Transferred by: des Date: 10/19/2011 NEED ONE COPY IN ORIGINAL LOCATION SECOND COPY WITH ITEM PARALLEL FILED OR TRANSFERRED THIRD/FOURTH* COPY FOR COLLECTION FOLDERS - * IF TRANSFERRING TO/FROM TWO COLLECTIONS S:\ARCHIVES\Forms\Transfer sheet.docx Rev. 3/7/2006 Department of Commerce SUBJECT: Economic Development Administration (EDA) and Regional Development Commissions (in millions of dollars) 1981 1982 1983 1984 1985 1986 Expected Savings: Current Base: Budget Authority 712 718 785 851 916 984 Outlays 605 726 764 806 885 938 Policy reduction: Budget Authority -389 -686 -729 -792 -851 -970 Outlays -50 -226 -304 -539 -673 -882 Reagan Budget: Budget Authority 323 32 56 59 65 14 Outlays 555 500 460 267 212 56 Change Proposed: Funding for EDA and the Regional Commissions would be terminated starting in the second half of FY 1981. There is a lack of consistent and convincing evidence that EDA programs are cost effective and actually create new jobs and capital investment The Regional Commissions have been poorly managed and have been involved largely WT local--rather than truly regional--projects. More effective ways to promote econor development will be used: (1) The Administration's overall economic strategy of tax and regulatory reductions is a more effective way to promote private sector operations. (2) An Administration Task Force will explore the enterprise zone cono which proposes incentives for the private sector to invest in distressed areas. (3 Modest increases to the Community Development Block Grant program will be proposed Funds provided under this program can be used in a flexible manner by county and C jurisdictions. 2/11/81, Department of Commerce SUBJECT: Termination of Direct Subsidies to the Maritime Industry (in millions of dollars) 1981 1982 1983 1984 1985 198 Expected Savings: Current Base: Budget Authority 488 585 1,000 1,081 1,127 1,04 Outlays 609 630 695 785 978 1,08 Policy reduction: Budget Authority -93 -160 -528 -571 -580 -46 Outlays -11 -28 -126 -251 -420 -51 Reagan Budget: Budget Authority 395 425 472 510 547 58 Outlays 598 602 569 534 558 51 Change Proposed: The Federal subsidies to support new merchant ship construction would be elimina starting with the remaining FY 1981 funds. No new construction subsidies would proposed for FY 1982-1986 and no new commitments for operating differential sub: would be made. The subsidies contribute to inefficiencies in the market place a ship operations. The negative effect on shipyard employment will be offset by 1 expanded Navy shipbuilding program. The amounts provided for merchant ship construction contribute very little to maintenance of the shipbuilding base. A: follow-on to the President's maritime policy statements last summer, the Secreta Commerce would convene a conference of top maritime and shipbuilding leaders to explore ways and means of formulating a maritime policy. (The resulting near-t outlay savings are small due to the Government's 20-year obligation under exist operating differential subsidy contracts.) SUBJECT: National Oceanic and Atmospheric Administration (NOAA) Programs (in millions of collars) 1981 1982 1983 1984 1985 1986 Expected Savings: Current Base: Budget Authority 92 184 224 262 275 268 Outlays 145 175 217 265 274 249 Policy reduction: Budget Authority -9 -152 -202 -238 -250 -241 Outlays -6 -59 -135 -207 -237 -223 Reagan Budget: Budget Authority 83 32 22 24 25 27 139 116 82 58 37 26 Outlays Change Proposed: In FY 1982, the Coastal Energy Impact Program (CEIP) and the Coastal Zone Managemen (CZM) State Grant Program would be terminated. Federal grant assistance to Sea Gra Colleges would be reduced by 50%. The development of the National Ocean Satellite System (NOSS) would be deferred indefinitely. CEIP is not necessary because projec local impacts from coastal oil and gas development are not beyond the capabilities State/local actions. Coastal zone management and marine research programs are alrea operational in the majority of affected States. Twenty-five states (covering 78 percent of the coastline) already have received several years of federal assistance develop, implement, and administer their CZM programs. The 16 institutions designa as Sea Grant Colleges have developed marine research expertise on local/state/regional bases. While of long-term scientific importance, the global weather data to be generated by NOSS is not urgent and the project can be deferred. SUBJECT: National Aeronautics and Space Administration Expected Savings: (in millions of dollars) 1981 1982 1983 1984 1985 1986 Current Base Budget Authority 5534 6565 6795 5924 5315 5011 Outlays 5283 6273 6642 6185 5519 5187 Policy reduction Budget Authority -85 -341 -213 +199 +521 +389 Outlays -73 -252 -299 +23 +287 +313 Reagan Budget Budget Authority 5449 6224 6582 6123 5836 5400 Outlays 5210 6021 6343 6208 5806 5500 Change proposed: The proposed reductions in 1981-1983 consist primarily of deferral or deletion of new starts and elimination of low priority existing activities. In Space Transportation Systems, the Solar Electric Propulsion System would be cancelled and other reductions made consistent with space science project rephasing. In Space Science, planetary projects (e.g., Galileo to Jupiter will be delayed two years), Spacelab experiments stretched out, and the Gamma Ray Observatory cancelled. For Space Applications, and Aeronautical Research, new projects will be eliminated and some ongoing projects reduced. The reduced budget continues a viable space and aeronautics program--the NASA budget will grow by 14% ($775 million) in 1982 over the reduced 1981 level. SUBJECT: National Science Foundation Programs Expected Savings: (in millions of dollars) 1981 1982 1983 1984 1985 1986 Current Base Budget Authority 1083 1181 1283 1385 1485 1580 Outlays 1007 1041 1155 1260 1366 1454 Policy reduction Budget Authority -63 -66 -75 -84 -94 -101 Outlays -26 -15 -68 -77 -87 -93 Reagan Budget Budget Authority 1020 1115 1208 1301 1391 1479 Outlays 981 1026 1087 1183 1279 1361 Change proposed: The proposed changes would reduce or eliminate: new programs proposed in the 1982 Carter budget (e.g. university laboratory modernization grants and the 25 meter telescope); programs that are narrowly focused (e.g. 2-4 year college research and industry-university cooperative research), and; programs that are not critical to the Foundation's principal activities in support of basic and applied research in the natural sciences (e.g. science education, social and economic science research and, international and intergovernmental science activities). SUBJECT: Tennessee Valley Authority Construction Program ($ in Millions) 1981 1982 1983 1984 1985 1 Expected Savings: Current Base Borrowing 2044 2026 2000 1960 1900 1 Outlays 2000 2000 2080 1960 1900 1 Policy reduction Borrowing - -770 -920 -972 -1034 -1 Outlays - -770 -920 -972 -1034 -1 Reagan Budget Borrowing 2044 1256 1080 988 866 Outlays 2000 1230 1160 988 866 Change proposed: TVA is currently engaged in a major program that by 1990 will increase generating capacity by more than 10,000 MW. With this addition, generating capacity will total more than 39,000 MW, 67 percent more capacity than the highest peak demand requirement ever experienced in the TVA system. Based on consideration of (1) TVA's conservation program, (2) conservation stimulus associated with rising electricity prices and (3) a declining rate of economic and electric demand growth since 1975, it appears the agency is overbuilding generating capacity by as much as 3,000 MW by 1990. Deferral of three plants would put construction back in line with growth projections and reduce borrowing requirements, i.e., rate payer burden, by $6.5 billion through the 1980's. February 10,1981 Appalachian Regional Commission SUBJECT: Economic Development Expected Savings: (in millions of dollars) 1981 1982 1983 1984 1985 1986 Current Base Budget Authority 342.6 373.6 406.9 440.2 472.5 502.8 Outlays 329.0 334.2 364.0 394.0 424.0 450.0 Policy reduction Budget Authority -120.0 -158.6 -172.9 -190.2 -202.5 -213.8 Outlays - 5.0 - 63.2 -136.0 -158.0 -161.0 -176.0 Reagan Budget* Budget Authority 222.6 215.0 234.0 250.0 270.0 289.0 Outlays 324.0 271.0 228.0 236.0 263.0 274.0 These amounts for the Appalachian highway program will be transferred to the Federal Highway Administration and funded out of the Highway Trust Fund. Change proposed: Funding for area (economic) development, research, and local development (planning) districts' support, and for the Federal share of the Commission's salaries and expenses will be eliminated. The impact of these programs on the overall condition of the Appalachian region's economic and social well-being is not identifiable. NATIONAL ENDOWMENT FOR THE ARTS NATIONAL ENDOWMENT FOR THE HUMANITIES SUBJECT: Reducing Arts and Humanties Funding Expected Savings: National Endowment for the Arts 1981 1982 1983 1984 1985 1986 Current Base Budget Authority 159 173 190 205 220 234 Outlays 154 167 175 189 206 217 Policy reduction Budget Authority --- -85 -96 -105 -120 -134 Outlays --- -46 -63 -95 -114 -120 Reagan Budget Budget Authority 159 88 94 100 100 100 Outlays 154 121 112 94 92 97 National Endowment for the Humanities Current Base Budget Authority 152 165 180 195 209 222 Outlays 155 163 181 196 210 218 Policy reduction Budget Authority --- -80 -90 -98 -109 -122 Outlays --- -39 -68 -98 -113 -120 Reagan Budget Budget Authority 152 85 90 97 100 100 Outlays 155 124 113 98 97 98 Change proposed: The Administration will propose to reduce the budget authority for the Arts and Humanities Endowments by 50% beginning in 1982 and "cap" them at a $100 million level in 1984 (Arts) and 1985 (Humanities). During recent years, the Endowments have spread Federal support into an ever-wider range of cultural endeavor, promoting the notion that the Federal Government should be the financial patron of the first resort for both individuals and institutions engaged in artistic and cultural pursuits. The proposed reduction will enable private individual and corporate philanthropic activities to increase in importance. CORPORATION FOR PUBLIC BROADCASTING SUBJECT: Reducing Public Broadcasting Funding Expected Savings: 1981 1982 1983 1984 1985 1986 Current Base Budget Authority 162 172 172 183 198 211 Outlays 162 172 172 183 198 211 Policy reduction Budget Authority --- -43 -52 -73 -98 -111 Outlays --- -43 -52 -73 -98 -111 Reagan Budget Budget Authority 162 129 120 110 100 100 Outlays 162 129 120 110 100 100 Change proposed: The Administration will propose a 25 percent reduction in CPB funds in fiscal year 1982, directed primarily at administrative costs and national program production. This will give an opportunity for private and corporate donations to play a greater role in financing public television and allow support to local stations to be maintained. Additional reductions would be made in 1983 and 1984 so that the funding for CPB would level out at $100 million in 1985. SUBJECT: National Consumer Cooperative Bank (in millions of dollars) 1981 1982 1983 1984 1985 1986 Potential Reductions: Current services. BA 122 136 160 185 185 200 base 0 136 128 152 178 175 190 Policy reduction BA -91 -136 -160 -185 -185 -200 0 -82 -128 -152 -178 -175 -190 Reagan level BA 31 -- -- -- -- -- 0 54 -- -- -- -- -- Change proposed: The National Consumer Cooperative Bank (NCCB) was created in 1978 to provide credit, technical assistance, and, where necessary, subsidies to cooperatives serving consumers, e.g. food, medical and housing. It is proposed to close down the NCCB. It has never been demonstrated conclusively that lack of access to private capital for creditworthy cooperatives is as severe as claimed, or why a separate Federal entity is needed to provide it. Given the tax exempt status of cooperatives, it is difficult to justify further Federal assistance. Moreover, the Bank itself has been slow and inefficient in meeting its legislative mandate. Simply put, given the need for budgetary restraint the National Consumer Cooperative Bank is a low priority program, and the savings from closing it down can be put to better use to serve a broader cross section of the public. ENVIRONMENTAL PROTECTION AGENCY SUBJECT: WASTE TREATMENT GRANTS Expected Savings: (in millions of dollars) 1981 1982 1983 1984 1985 1986 = Current Base Budget Authority 3,305 3,610 3,940 4,260 4,570 4,865 Outlays 4,200 4,220 4,230 4,250 4,100 4,100 Policy Reduction Budget Authority -1,000 -3,610 -1,540 -1,860 -2,170 -2,465 Outlays 0 -125 -1,045 -1,970 -1,960 -1,950 Reagan Budget Budget Authority 2,305 0 2,400 2,400 2,400 2,400 Outlays 4,200 4,095 3,185 2,280 2,140 2,150 Change proposed: This action rescinds $1 billion in 1981 appropriations for EPA waste treatment grants and withdraws the $3.7 billion requested for 1982, pending enactment of major reforms. These reforms will direct funds to projects with the greatest environmental benefits, allow a more efficient allocation of funds and preclude Federal funding for anticipated local community growth. Upon enactment, a lower funding level of $2.4 billion will be requested for the first year following enactment of reforms--FY 1982 only if accepted reforms are enacted this session. This level is projected but not committed to for future year funding. Subject: United States Postal Service (in millions of dollars) 1981 1982 1983 1984 1985 1986 Expected Savings: Current services BA 1,593 1,501 1,409 1,317 1,317 1,317 0 1,593 1,501 1,409 1,317 1,317 1,317 Policy reductions BA -250 -632 -690 -765 -779 -779 0 -250 -632 -690 -765 -779 -779 Reagan level BA 1,343 869 719 552 538 538 0 1,343 869 719 552 538 538 Change Proposed: The U.S. Postal Service currently receives a Federal subsidy equivalent to about 7% of its total operating budget. A total reduction of $632M is recommended in FY 1982. This reduction affects two of the Federal subsidies currently paid to the Postal Service: -- Public Service Subsidy. Payments to offset the costs of maintaining services which are not self-sustaining and, -- Revenue Forgone Payments. Subsidies paid to provide free and reduced rates for certain classes of mail. These reductions should result in a more efficient mail system since reduced subsidization would, in our view, encourage mailers and the Postal Service itself to operate more cost effectively. SUBJECT: Compensation adjustment for unemployability Expected Savings: (in millions of dollars) 1981 1982 1983 1984 1985 1986 Current Base Budget Authority 8,584 9,631 10,566 11,333 12,027 12,681 Outlays 8,492 9,449 10,478 11,257 11,954 12,604 Policy reduction Budget Authority -27 -66 -81 -96 -110 -125 Outlays -24 -61 -75 -88 -100 -115 Reagan Budget Budget Authority 8,557 9,565 10,485 11,237 11,917 12,556 Outlays 8468 9,388 10,403 11,169 11,854 12,489 Change Proposed: Under current law, disabled veterans (or their survivors) receive compensation benefits based on degree of disability or, in the case of survivors, based on the rank of the deceased veteran. Differing payments are made to disabled veterans on the basis of degree of disability. If a veteran with a 60-90% disability is classified as "unemployable", however, the veteran's compensation is increased to the level of 100% disabled veterans. For those with a 60% disability, this results in an increase in annual compensation from $4,404 to $12,192. Under current regulations, upgraded compensation for "unemployability" is not dependent on expectations about whether the veteran would be in the labor force but for his disability. As a result, nearly 36,000 veterans over the age of 62 are currently receiving this upgraded "unemployability" benefit. Under current law, any Social Security payments received by the veteran are not counted against this compensation amount. Given present economic conditions, the "unemployability" classification for those eligible for retirement is insufficient justification for benefit awards which, when combined with Social Security benefits, provide an income level far in excess of national average per capita income. At a minimum, offsetting disability compensation by the amount of Social Security benefits received is justified to remedy this disparity. SUBJECT: Cancellation or deferral of VA medical facility construction Expected Savings: (in millions of dollars) 1981 1982 1983 1984 1985 1986 Current Base Budget Authority 424 424 424 424 424 424 Outlays 277 443 498 530 510 424 Policy reduction Budget Authority -154 -106 +52 +46 0 0 -33 +9 Outlays -32 -78 -87 -104 Reagan Budget Budget Authority 270 318 476 470 424 424 Outlays 245 365 411 426 477 433 Changes Proposed: The VA currently plans to request $6 billion ($2.5 billion on a current services basis) over the next six years to finance major new construction or renovation projects at hospitals. Most VA hospitals are in overbedded areas. Although most VA hospitals are in much less-than-desirable shape physically, few projects are due to imminent hazards in existing structures, or to pressing need for additional VA bed capacity in the affected areas. Significant savings could be achieved by cancelling or postponing several of these projects in the 1981-1982 fiscal years. A 21% reduction in the FY 1982 budget request, along with appropriate FY 1981 rescissions and deferrals, would delay several projects for two years, and permit the cancellation of a few controversial projects without jeopardizing the overall capability of the VA to meet its service commitments to veterans. SUBJECT: Reduce interest rate subsidy on insurance loans Expected Savings: (in millions of dollars) 1981 1982 1983 1984 1985 1986 Current Base Budget Authority 1,175 1,202 1,212 1,214 1,221 1,196 Outlays 1,047 1,071 1,090 1,108 1,163 1,188 Policy reduction Budget Authority -91 -96 -65 -41 -13 0 -65 -41 -13 0 Outlays -91. -96 Reagan Budget Budget Authority 1,084 1,106 1,147 1,173 1,208 1,196 Outlays 956 975 1,025 1,067 1,150 1,188 Change Proposed: The VA currently carries $30 billion in insurance in force for eligible veterans. Those policies with a cash surrender value can be borrowed against by the insured at interest rates set by the Administrator. Despite today's soaring interest rates, the VA has held the interest rate on policy loans to 5%, unchanged since the early '70's. This practice has dramatically expanded the amount of borrowing, from $134 million in 1977 to over $300 million this year (96,000 policy loans). Encouraging over-borrowing by veterans through low interest rates is contrary to the best interest of the beneficiary, as the value of the insurance policy is greatly diminished in the event of the veterans death. Changing the terms of the policy loans from a flat rate to a floating rate 2% below prevailing market rates would still provide assistance to veterans requiring credit at an equitable interest rate, without encouraging wholesale cashouts of the value of veterans' life insurance policies. SUBJECT: Beneficiary travel Expected Savings: (in millions of dollars) 1981 1982 1983 1984 1985 1986 Current Base Budget Authority 85 93 98 102 106 110 Outlays 85 93 98 102 106 110 Policy reduction -35 -37 -38 -40 -41 Budget Authority - -41 Outlays - -35 -37 -38 -40 Reagan Budget 76 58 61 64 66 69 Budget Authority Outlays 76 58 61 64 66 69 Change Proposed: The VA currently provides reimbursement to veterans for actual or computed mileage cost of travel between the veteran's home and VA medical care facilities. The purpose is to eliminate travel costs as a barrier that prevents veterans from seeking needed care. While it is reasonable to defray the cost of travel for service-disabled veterans and of ambulance service or special cross-country transport, it is unreasonable to assume that veterans cannot pay part of their transportation to receive free medical care. This proposal would establish a deductible of $5. This would not pose an undue hardship on low-income veterans, or be a barrier to care. SUBJECT: GI bill benefits for flight training and correspondence courses (in millions of dollars) Expected Savings: 1981 1982 1983 1984 1985 1986 Current Base Budget Authority 2,040 1,658 1,320 1,059 848 658 Outlays 2,070 1,668 1,330 1,069 858 668 Policy reduction Budget Authority - -32 -28 -24 -20 -16 -32 -28 -24 -20 -16 Outlays Reagan Budget Budget Authority 2,040 1,626 1,292 1,035 828 642 Outlays 2,070 1,636 1,302 1,045 838 652 Change Proposed: Under the GI bill, veterans are entitled to support during participation in education programs designed to rapidly enhance their employability. In the past, this has been interpreted to include flight training programs and correspondence courses in various areas. While the law prohibits courses that are avocational or recreational in nature, there is significant evidence that the great majority of entrants to flight training have this objective in mind. In any event, post-training employment enhancement has proven negligible. A similar result was obtained from studies of veterans' performance in correspondence courses. Given the necessarily looser controls on measures of student progress in these programs, the poor post-training employment track record is understandable. The last Congress enacted changes requiring student cost-sharing for participating in these programs. Nonetheless, it is estimated that 45,000 veterans will enroll annually in such programs, regardless of the impact on their subsequent employability. Given the relatively low payoff of these programs, eliminating both flight training and correspondence coursework would achieve significant savings without depriving veterans of access to educational programs that meet the original intent of the GI bill. February 10, 1981 Civil Aeronautics Board SUBJECT: Airline Subsidies (in millions of dollars) 1981 1982 1983 1984 1985 1986 Expected Savings: Current Base: Budget Authority 144 144 143 138 123 97 Outlays 148 144 143 139 124 99 Policy reduction: Budget Authority -- -50 -35 -25 -15 +5 Outlays : -45 -35 -25 -15 +5 Reagan Budget Budget Authority 144 94 108 113 108 102 Outlays 148 99 108 114 109 104 Change Proposed: Legislation will be submitted to eliminate the 406 airline subsidy program and to amend the 419 essential air service program, prohibiting any community newly entering the 419 program from receiving more in 419 subsidy than it had in direct or indirect 406 subsidy. The 406 program began in 1938 with the purpose of developing the U.S. airline industry. As the airline industry has expanded, the need for this type of financial assistance has disappeared. The purpose of the 419 subsidy program is to assure continued service to local communities which had airline service prior to airline deregulation.