Ethics (Bob Damus, General Counsel, OMB)
The Federal Advisory Committee Act (FACA) (Maynard Comiez,
Department of the Treasury, Designated Federal Official)
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
Do We Want to Do?
Purpose and goal of the Commission
Content, length, and deadline for report to the National Economic Council
Do We Want to Do the Work?
Purpose, number, and schedule for meetings and hearings
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)
Discussion of the Four Items from the Executive Order (about 20 minutes
(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
Summary Comments and Next Steps
3:30 Questions from the Press