DRAFT MINUTES OF THE 30 JUNE 1975 IRAC MEETING
Document Type:
Collection:
Document Number (FOIA) /ESDN (CREST):
CIA-RDP80M01133A000200030003-1
Release Decision:
RIPPUB
Original Classification:
T
Document Page Count:
22
Document Creation Date:
December 15, 2016
Document Release Date:
February 27, 2004
Sequence Number:
3
Case Number:
Publication Date:
June 30, 1975
Content Type:
MF
File:
Attachment | Size |
---|---|
CIA-RDP80M01133A000200030003-1.pdf | 796.62 KB |
Body:
rvvwvvvvvvv- ~
Copy No. 5 of 41
25X1
IRAC -M-11
30 June 1975
INTELLIGENCE RESOURCES ADVISORY COMMITTEE
MEMORANDUM FOR THE INTELLIGENCE RESOURCES ADVISORY
COMMITTEE
SUBJECT Draft Minutes of the 30 June 1975
IRAC Meeting
1. The attached draft minutes of the 30 June Intelligence Resources
Advisory Committee meeting are submitted herewith for IRAC considera-
tion.
IRAC ACTION REQUESTED
aby close of business 16 July 1975 of their approval or
comments on attached minutes.
2. IRAC Members are requested to advise the Secretariat
25X1
25X1
Executive Secretary
NRO review(s) completed.
Classified by
Exempt from
declassification schedule of F?Q. 11652
exemption category 5B(1),W,(3)
Automatically declassified on
Date Impossible to Determine
Approved For Release 2004/04/19 : CIA-RDP80M01133A000200030003-1
25X1
Approved For Release 20O l 19SLgjnfVPP0M01133A000200030003-1
IRAC-M-11
30 June 1975.
INTELLIGENCE RESOURCES ADVISORY COMMITTEE
Minutes of
Eleventh Meeting
Intelligence Resources Advisory Committee
DCI Conference Room (7D64)
Central Intelligence Agency, at 1400 hours, 30 June 1975
Director of Central Intelligence
Mr. W. E. Colby
Presiding
Mr. William McAfee, acting for Director of Intelligence and Research
Department of State
Dr. Albert C. Hall, Assistant Secretary of Defense (Intelligence),
Department of Defense
Lieutenant General Vernon A. Walters, USA, Deputy Director of Central
Intelligence
Mr. Donald G. Ogilvie, Associate Director for National Security and
International Affairs, Office of Management and Budget
M:r. Richard Ober, Director for Intelligence Coordination, National
Security Council Staff
Lieutenant General Eugene F. Tighe, Jr., USAF, acting for Director,
Defense Intelligence Agency
Lieutenant General Lew Allen, Jr., USAF, Director, National Security
Agency
TOF SECRJET
Classified by
Exempt from genera
declassification schedule of W.Q. 11652
exemption category 5B(1) ,(3)
Automatically declassified on
Date Impossible to Determine
Approved For Release 2004/04/19 : CIA-RDP80M0l133A000200030003-1
25X1
25X1
25X1 Approved For Release 2004/04/19 : CIA-RDP80M01133A000200030003-1
Next 1 Page(s) In Document Exempt
Approved For Release 2004/04/19 : CIA-RDP80M01133A000200030003-1
Approved For Release 20041jj9 S? l OM01133A000200030003-1
25X1
IRAC-M-11
30 June 1975
1. Status of Congressional Budget
System
a. At the invitation of the Chairman, Mr. Ogilvie presented a briefing
on the subject (briefing aids are enclosed as Attachment I). In the course of
his briefing he commented that the new procedures outlined for Congress repre-
sented a major step forward. He pointed out that the scheduling deadlines
applied to the Executive Branch as well as to Congress. During the discussion
which followed it was noted that the Congressional budget review process may
address intelligence matters in the DoD budget submission. Dr. Hall agreed
to keep a close watch on this and advise the DCI and IRAC.
2. Preliminary FY 1977 Fiscal Guidance --
Economic Outlook
a. Speaking from the outline provided by the viewgraphs (Attachment II),
Mr. Ogilvie addressed the intelligence budget trends. He said that he would
be happy to provide more detailed information on how the figures were developed.
During his presentation he proposed revisions to the IRAC schedule (Item 4,
below) which would have the DCI's tentative recommendations on major resource
issues submitted in October rather than December. He said that last year,
when these recommendations were submitted in December, it had been most
difficult to schedule adequately for Presidential review. He thought it would be
much more orderly if major program issues could be surfaced in October; the
remaining portion of the budget recommendations could follow thereafter.
b. Mr. Colby observed that this would create a problem in scheduling
the EXCOMs which, as a consequence of Mr. Ogilvie's recommendation, would
have to be moved up.
c. Dr. Hall commented that Mr. Ogilvie I s recommendation required
careful consideration noting particularly that it would be difficult to separate
the major issues from the total budget submission. I Inoted that 25
several studies are underway which will drive major decisions and that they
will not be completed by October. Mr. Colby asked that the members consider
Mr. Ogilvie's proposal within the next few days and advise him of their views
by Monday (7 July).
d. In response to a question by Mr. Ogilvie said that 25X1
Intelligence Community fiscal guidance would be issued in July in a form
similar to that used in past years.
-.4-
T ET
Approved For Release 2004/04/19 : CIA-RDP80M01133A000200030003-1
25X1
Approved For Release 20WIDR49S OM01I33A000200030003-1
IRAC -M- I I
30 June 1975
3. Resource Issues
a. Mr. Colby commented on several issues which the IRAC probably 25X1
will wish to consider:
(2) Mr. Colby suggested that another area of IRAC interest may be
the anti-satellite satellite studies and the overall question of vulnerability of
both Soviet and U. S. satellites. Studies on U. S. satellites involve those with
an intelligence mission as well as other DoD satellites. The potential resource
implications could be large.
(3) Mr. Colby noted that USIB recently reaffirmed its needs forlI
25X1 I land had re-
quested ate Department to reinstitute this service. Mr. McAfee indicated
that the USIB views had been transmitted to hi h levels within State but that
25X1 the decision to have I had not been changed.
Mr. Colby said he was raising this subject at IRAC because it appeared to be
a matter of administrative funding which involved I 125X1
25X1 IIbut other shared administrative support costs involving the USIB member
agencies. He said that the Intelligence Community Staff would be looking into
this question and what to do about it.
b. Mr. Ogilvie asked why, if the funds were allocated for this purpose
in State's budget submitted to the President, they were not being so utilized?
Mr. McAfee observed that this was a valid question, but he did not have the
answer. He suggested that State be queried. Mr. Ogilvie said that he pre-
ferred that OMB not serve as an arbiter for this issue. Dr. Hall advised
against transferring funding responsibility to the Department of Defense.
Mr. Colby said he would communicate with appropriate officials in the State
Department to make a determination of how this problem should be resolved.
*The DCI forwarded a letter on this subject on 30 June 1975 to Lawrence S.
Eagleburger, Deputy Under Secretary for Management.
Approved For Release 2004/04/19 : CIA-RDP80M0l133A000200030003-1
25X1
Approved For Release 200'T' D9 S ILk A lVl01133A000200030003-1
25X1
25X1
25X1
25X1
IRAC-M- 11
30 June 1975
25X1
I said that there was a significant principle involved in this problem
-which deserved a direct answer and an early solution. He also suggested
that if a solution is not forthcoming it may be necessary to examine the
feasibility of other agencies funding
25X1
c. Dr. Hall said he had a few comments on some major issues which
affect the FY-77 budget, noting that the cost figures were stated in approximate
terms:
(1) Manpower - Dr. Hall said that planning called for the intelligence
manpower strength within DoD to be decreased by 1, 780 in FY-77 with a
budget impact of F- I This is significantly smaller than the
2
F'Y-1976 reduction.
TOP SECRET
25X1
5X1
Approved For Release 2004/04/19 : CIA-RDP80M01133A000200030003-1
Approved For Release
~~f 80M01 133A000200030003-1
IRAC -M-11
30 June 1975
d. Dr. Hall said that all these issues must be studied carefully
before decisions are made. Mr. Colby agreed, noting also that the
resolution and search studies for overhead photography could have con-
siderable impact on available funds.
e. With regard to funding, Mr. Colby said he had a chart which
compared the gross national product and the NFIP budget over the next
several years. He observed that as the gross national product increased
it seemed appropriate for the intelligence amount to increase with it.
4. Discussion of Resource Management
Objectives (and Milestones) for the
Intelligence Community for FY 1976
(USIB/IRAC-D-22. 1/39, 17 June 1975,
Memorandum for USIB /IRAC Principals
distributed through restricted channels)
a. Mr. Colby said that the resource management objectives had been
circulated to the IRAC, noting that the substantive objectives already had
been considered by the USIB. He invited comments. Mr. Ogilvie noted
his earlier suggestion (Item 2, above) on the October submission for the
NFIP in relation to the schedule under Objective No. 2. He said he wished
to encourage the effort reflected for the August Milestone regarding
national - tactical relationships under Objective No. 3. He believed this
effort should receive a lot of attention. Mr. Colby agreed it was an impor-
tant and complex subject which required a great deal of work, noting that
the effort should also address tactical support to national requirements.
Dr. Hall said that DIA had done some work in this area by decentralizing
maintenance of some data base information to field commanders.
b. Mr. Colby commented on the Milestones for the KIQs saying that
the performance evaluation begins on 1 July. He said that he hoped it would
go well because of the importance of the function. He said that while the
effort would not answer specific resource questions, it should provide guide-
lines on areas which should be examined in greater detail. The September -
October Milestones under Objective No. 3 addressed the annual report on
the intelligence accomplishments to be provided to the President. He asked
the cooperation of the members in developing this report as he felt it was
a most useful mechanism for both the President and the intelligence community.
T ET
Approved For Release 2004/04/19: CIA-RDP80M0l133A000
2'QQ;4104/'IMT
25X1
25X1
25X1
Approved For Release 2004/04/19 : CIA-RDP80M01133A000200030003-1
TOP SECRET
IRAC-M-11
30 June 1975
c. The IRAC concurred in the Objectives subject to additional
comments by the members by 7 July of the schedule under Objective No. 2.
5. IRAC Tasks
considerations for these problems should also be addressed by the Council.
Mr. Ogilvie observed this was a good example of what the IRAC Working
Group should do. Dr. Hall said that while a review of the space shuttle by
the IRAC Working Group might be a useful process, he suggested that those
involved discuss the background in some detail with Mr. Colby at a later
date. Mr. Colby agreed. Mr. Ogilvie said that his comment was intended
to support the value of greater use of the IRAC Working Group rather than
the issue of the space shuttle per se. With regard to the IR&DC, Mr. Colby
commented that it would be useful to have it review the FY-77 intelligence
R&D budget and submit its recommendations to IRAC.
job, e. g. developing studies which provide funding options, the intelligen
community could do a better job for the Congressional budget review
process. Using USIB as an example, he said that it might be useful to
consider establishing some standing committees of IRAC. He noted the
success of the IRAC Intelligence Research and Development Council.
Mr. Plummer said that while the IR&DC had been useful in surfacing
major problems, e.g., space shuttle, he suggested that the resource
a. Mr. Colby noted that the FY-76 intelligence budget had been
subject to intense congressional review which he characterized as a
harbinger for future budgets. He observed that if IRAC could do a bette
b. Addressing the concept of standing committees, Mr. Colby pro-
posed that it might be useful to establish one to review the national - tactical
interface question. Another problem which might be considered either by
a standing committee or an ad hoc group, could be the Southeast Asian
draw down issue. He said that there had been some congressional interest
in this subject.
c. Mr. Colby proposed than in addition to the five areas addressed
by the IR&DC last year (IRAC-D-76.2/2, 22 July 1974) he thought it would
be useful if the Council looked ahead two years on some other major
T FT
Approved For Release 26 4/ =RDP80M01133A000200030003-1
. Approved For Release 2004/04/19 : CIA-RDP80M01133A000200030003-1
25X1
25X1
TOP SECRET
I
IRAC -M-11
30 June 1975
problems. He encouraged continuation of the study of new analytic
methodology and techniques. Mr. Colby also noted that there had been
problems with regard to security compartmentation and that there was
room for improvement in this area.
d. Summing up, Mr. Colby invited comments from the IRAC
members with regard to their views on IRAC, particularly the question
of forming standing committees and ad hoc groups to treat specific
subjects, and ideas as to which subjects should be addressed. Mr. Ogilvie
supported Mr. Colby's views indicating that a careful examination should
be made to see whether IRAC was playing a useful role in advising the DCI.
He suggested that perhaps it would be useful for IRAC to review specific
resource issues, some of which could be examined by ad hoc groups in
support of.the IRAC.
e. Dr. Hall suggested that the establishment of standing committees
be carefully considered since, once established, they tend to perpetuate
themselves. Mr. Colby agreed but added that there appeared to be a good
case for establishing a standing committee to look at the many important
issues involving national - tactical interface.
f. Mr. Colby suggested that the members provide their views on
this overall subject to General Wilson, D/DCI/IC by close of business
9 July 1975.
-25- X-1
Executive Secretary
Adjournment: 1520 hours
25X1
Approved For Release 24d 'V4/' CG[fP80M01133A000200030003-1
25X1
Approved For Release 2004/04/19 : CIA-RDP80M01133A000200030003-1
25X1 T SECRET
25X1 I I IRAC-M-11
30 June 1975
Approval of Minutes
3 December 1974 Meeting
(IRAC -M-10)
On 23 December 1974 all IRAC members telephonically approved the
subject minutes. The Acting CIA Member concurred subject to changes.
A revised page 5 incorporating these changes was circulated for substitution
in all copies of the reference minutes.
25X1
Approved For Release ff/1?4/W-~'GRJft&80M01133A
25X1'
Approved For Release 2004/04/19 : CIA-RDP80M01133A000200030003-1
OBJECTIVES OF CONGRESSIONAL BUDGET ACT
ENABLE CONGRESS TO!
IMPROVE CONGRESSIONAL CONTROL OVER BUDGETARY OUTLAY AND
RECEIPT TOTALS
~? DETERMINE-ANNUAL SPENDING TARGETS IN LIGHT OF ECONOMIC
CONDITIONS*& NEEDS
25X1
--ALLOCATE AVA I LAI LE FUNDS AMONG FEDERAL PROGRAMS ON BASIS.
OF NAT I ONAL PRIORITIES
Approved For Release 2004/04/19 : CIA-RDP80M01133AO00200030003-1
Approved For Release 2004/04/19 : C1A-RDP80M01133A00020003000;$-1
r?
CONGRESSIONAL BUDGET ACT
25X1
? ESTABLISHED A NEW CONGRESSIONAL BUDGET PROCESS..
? TO BE AIDED BY NOW HOUSE AND SENATE BUDGET COMMITTEES
* WITH THE HELP OF A CONGRESSIONAL BUDGET OFFICE
FOR A FISCAL YEAR TO RUN FROM OCTOBER I TO.SEPTEMBER 30,
EFFECTIVE OCTOBER i, 1976
Approved For Release 2004/04/19: CIA-RDP80MOl133A0002000
W
O
Z
Approved For Release 2004/04/19 : CIA-RDP80M01133A000200030003-1
CONGRESSIONAL BUDGET TIMETABLE
5X1
CC M4IT"TEE3 SURNIT REPORTS TO
BUDGET COMMITTEES.
CO1~vRE0SiOP1j,.L tUDGET OFFICE SUBMITS
1 POlT TO BUDGET COM4I77EES.
BUDGET COMMITTEES REPORT FIRST
CON CURRENT RESOLUTION ON THE
BUDGET TO THEIR HOUSES.
MAY. 15' COFITTEES REPORT BILLS AUTHOR-
IZING NEW BUDGET AUTHORITY.
MAY 1S CONGRESS ADOPTS FIRST CONCURRENT
F SOLUTION ON THE BUDGET.
7th DAY AFTER LABOR Y CONGRESS COMPLETES ACTION ON BILLS
PROVIDING BUDGET AUTHORITY )AND -
SPENDING AUT'1IORITY.
? SEPTEMBER 15 COz GR SS COMPLETES ACTIONS ON
SECOND REQUIRED COMCURR:?R''T
RESOLUTION ON THE BUDGET.
ON OR Ei FORE s
FCC TIOIN TO
E COPLEiEDE
NOVEM3ER 10 PE'.ESIDENT SUB4ITS CURRENT SERVICES
BUDGET.
15th DAY CONGRESS
MEETS V%{ SZDZ2:T SUBMITS HIS BUDGET.
.ARCH 15
APRIL 1
APRIL 15
SEPTEMBER 25 COfiyGP.ESS COMPLETES ACTION P.ECON-
CILIATION PZOCESS INPLEI EUTING
SECOND CONCURRENT RESOLUTION.
OCTOBER 1 1PISC.AL YEAR BEGINS.
Approved For Release 2004/04/19 : CIA-RDP80M01133A000200030003-1
Approved For Release 2004/04/19 : CIA-RDP80M01133A000200030003-1
SENATE BUDGET COMMITTEE
5X1
Democrats.
Edmund S. Muskie, Maine (Chairman)
Warren G. Magnuson, Wash.
Frank. Ea Moss, Utah
Walter F. Mondale, Minn.
Ernest F. Hollings, S. Co
Alan Cranston, Calif.
.Law-ton Chiles, Florida
James Abourezk, S. D.
Joseph R. Biden Jr., Dol.
Sam Nunn, Ga.
Republicans
Henry Bellmon, Okla.
Robert Dole, Kan.
J. Glenn Beall Jr., Md.
James L. Buckley, N. Y.
James A. McC Hire, Idaho
Pete V. Domenici, N.. M.
Approved For Release 2004/04/19: CIA-RDP80M01133A000200030003-1
. Approved For Release 2004/04/19 : CIA-RDP80M01133A000200030003-1
. OUSR SSMM CCZ!MITT E
5X1
D:-*:acrataa
Brock Ada., Wash. (Chairman)
Themns L. Azhloy, Ohio
0= ax Surloaon, T xmaa
Sr_ Gish. ;n8, Florida
tutlcr Co Derrick Jr.,, Se C.
Fcbart N. Giaimo,. Ccnn.
Elizabeth Koltzman, ? N. Y.
Phil M. Lanndru , Ga.
b':~a~ort L. L-r ? gatt, Calif,
Patty T. Mink,
Parrcn J, fitcholl, Md.
Jrrraa G. O'Hara, Rich.
Themes P. O'Neill Jz, Man@,
Harold Runnals, U. No,.
Mal -Smith, Iowa
Louis Stokoa, Ohio
Jim Wright, Texas
Ra licans
Jmrwcs T. Broyhill,. N. C.
1alford 9. Co orharg, Mich.'
Dal Clrwaon, Calif.
Dar"bor S. Con to Jr., N. Y.
Jana a F. Knotinga, N. Y.
Delbert Latta, Ohio
Herman To Schnedbellp Pao
Garner 8. Shriver, Kan.
Approved For Release 2004/04/19 : CIA-RDP80M01133A000200030003-1
K. 5
I- C+
Approved For Release 2004/04/19 : CIA-RDP80M01133A000200030003-1
HOUSE BUDGET COMMITTEE
S?~CYRL
ASSISTANT
AaiI~I ~_
NATIONAL
S=AI
P90="
PDLIC IEt?o
O77ICA
TMV..A3
PLJt33' A95
(4 #MLYA?O) 6s ANALYM)
STAFF STRUCTURE
xeCUTIVI ?I o R
Walter Kravitz
ACSISTU DI :CC'TOA
DUO3C P .IO:tiTIZ
.-MU"NI?Y
RI-MCURCZ2
d
Po=FP 3
Approved Fnr Rate
MECAM"A
P53:0T1Z'2?
PRYSICAL
=wrZ32
(4 A89ALTSTS)
Approximate total staff, 'including clerical: 60
2Q04/04/19 :. CIA-RDP80MO1133A000200030003-1
Approved For Release 2004/04/19 : CIA-RDP80M01133A000200030003-1
CONGRESSIONAL BUDGET OFFICE
Office of
General Counsel
Alfred Fitt
DIRECTOR
Alice Rivlin
DEPUTY DIRECTOR
Robert Levine
Office of
Information
25X1
1
ASSISTANT DIRECTOR
FOR
BUDGET ANALYSIS
James Blum
ASSISTANT DIRECTOR
FOR
HUMAN RESOURCES
AND COMMUNITY
DEVELOPMENT
William Fischer
ASSISTANT DIRECTOR.
FOR
FISCAL POLICY
Frank de Leeuw
ASSISTANT DIRECTOR
FOR
NATIONAL SECURITY
AND INTERNATIONAL
AFFAIRS
John Koehler
ASSISTANT DIRECTOR
FOR
TAX POLICY
Charles Davenport
ASSISTANT DIRECTOR
FOR
MANAGEMENT PROGRAMS
Howard Messner
C~ n
ASSISTANT DIRECTOR
FOR
ENERGY, ENVIRON-
MENT, AND
NATURAL RESOURCES
Douglas Costle
Approved For Release 2004/04/19 : CIA-RDP80M01133A000200030003-1
I CD
0.-
Approved For Release 2004/04/19 : CIA-RDP80M01133A000200030003-1
FISCAL YEAR 1976 BUDJETS, BY FUNCTION
an billions of dollars)
President President Concurrent____
(February 4) (April 4) Resolution
Budget ? Budget Budget
authority Outlays authority Outlays authority Outlays
National defense,.....,......... 107.7 94.0 107.7 93.9 100.7 90.7
International.affairs........... 12.6 6.3 .12.6 6.3 4.9 4.9
General science, space, and
technology ..? 4.7 4.6 4.7 4.6 4.7 4.6
Natural resources, environment,
an energy .................... .12.2 10.0 12.2. 10.2 13.8 11.6
Agriculture 4.3 1.8 4.3 1.8 4.3 1.8
Commerce and transportation..... 6.6 13.7 6.6 14.7 11.3 17.5
Community'and regional
.development..................... 5.2 5.9 5.2 6.0 11.0? 8.7
Education, manpower, and?
social services .......... ...:.. 13.7 14.6 13.7 16.6 19.0 19.9
Health, ......................... 31.0 28.1 31.0 28.4 33.1 30.7
Income security.... ............. 135.3 118.7 137.5 120.9 140.9 125.3
'Veterans benefits and services.. 16.2 15.6 16.8 16.2 18.0 27.5
Law enforcement 'and justice..... 3.2 3.3 3.2 3.3 3.3 3.4
General government .............. 3.3 3.2 3.3 3.2 3.3 3.3
-revenue sharing and general
purpose fiscal assistance...... 7.3 7.2 7.3 7.2 7.3 7.2
Interest ....................... 34.4 34.4 34.4 34.4 35.0 35.0
Allowances ...................... 8.3 8.1 8.3 8.1 1.4 1.1
-Undistributed offsetting
receipts ....................... -20.2 -20.2 -20.2 -20.2 -16.2 -16.2
385.8 349.4 388.6 355.6 395.8 367.0
Receipts ........................ 297.5 295.6 298.2
Deficit ......................... -51.9 -60.0 -68.8
25X1
-8.-
Approved For Release 2004/04/19: CIA-RDP80M01133A0002000 O63
Approved For Release 2004/04/19 : CIA-RDP80M01133A000200030003-1
25X1
DETERMINED BY DIRECTOR, OMB
BASED UPON :
- STAFF PRESENTATIONS OF PROGR.M'ATIC TRENDS, DEVELOPMENTS, AND ISSUES
- GENERAL ECONOMIC 'r ACTORS
PURPOSE:
- PROVIDE MORE DEFINITIVE GUIDANCE POR BUDGET YEAR THAN ALLOWANCE
. ET.TEpj
- GUIDE PROGRAM ~~LT v? :MFRS IN THE STRUCTURING OF THEIR BUDGETS
L ~,: N T ~" OF -t OWE T
~~,., , 1- IDE~~1, F IC.~. _O `T OF ~.:~ti.~:.. .~RIL:j. T. .I'jr 'LrmjEMS -- SUBMITTED AS
"OV.E_ -CHTLj_ :G't ITTL'1S
Approved For Release 2004/04/19 : CIA-RDP80M01133A000200030003-1
Approved For Release 2004/04/19 : CIA-RDP80M01133A000200030003-1
-qj. % ..j -.. r i:7l` F
in... ?, ).~i'fi.nY..? 25X1
-.j.' t~~~ i..' a'~-~.l Ll. 1 ''+J
(ca 1i ncar years; dollar ar ounts in billions)
+'~N
f
Assumed for Purposes o
i?.tt iget P _o ec*.iors
Item 1977
1`.-'9 7 8
10--C) 1.980
uo
Gross national product:
Current dollars:
A; ;amt ................................. $1,891
$2,107
$2,335
$2,586
Percent change ......................... 12.6
11.4
10.8
10.3
Constant: (11958) dollars:
~.: unt ................................. $897
$956
$1,013
51,08-
;~rcant c''rar:ze ......................... 6.5
6.5
6.5.
6,5
incoa"_es (current dollars) :
P_asonal income ........................... $1,515
$1,689
$1,874
$2,078
`'~.P?s a;,c: salaries ....................... $978
$1,092
81,211
.344
C A~. 1. L:J ? .......a .... ... $?73
$ 93
61 ..1.4.
X337
change) .
Year over year ......................... 5.7
4.6
4.1
N
4.0
Fourth quarter over fourth quarter..... 5.2
4.3
4.0
4.0
CPI:
Yc::-.r over 'fear ............... ......... . 5.3
4.4
4.0
4.0
~. ~`aC ~?i1 r d J(' at?L'C'.utbe3.. e ? ..... e . e s w . n e o 4. 8
4. 2
4.0
4.0
;, rates (Percent)
1.o:.a.1o ................................. 7.2
ti.5
5.8
5.1
.......