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EMD-82-111 1 (1982-07-16)

handle is hein.gao/gaobabmmv0001 and id is 1 raw text is: UNITED STATES GENERAL ACCOUNTING OFFICE - REEASEWASHINGTON, D.C. 20548 RELEASED .,o. ENERGY AND MINERALS RESTRICTED - Not to be released outside the Genet I DIVISION Accounting Office except on the basis of specific approval B-208211 by the Office of Congressional Relations - The Honorable Carl Levin JUL 16 1982 Ranking Minority Member Subcommittee on Preparedness Committee on Armed Services United States Senate Dear Senator Levin: 119144 Subject: Implementation of National Defense Stockpile Plans Would Require Amending Existing Legislation (GAO/EMD-82-111) The United States cannot produce certain strategic and critical materials in sufficient amounts to support its requirements during periods of national emergency. To prevent what could be a dangerous and costly dependence on foreign supply sources during these crises, the United States maintains a National Defense Stockpile of materials to avoid military setbacks and economic damage in wartime. On June 18, 1982, you asked us to review the Federal Emergency Management Agency's (FEMA) 5-year Annual Materials Plan for Fiscal Years 1983-1987. (See encl. I.) You asked our views on whether the plan meets the requirements in the Strategic and Critical Materials Stock Piling Act, as amended, (50 U.S.C. 98 et seq.) that --the purpose of the stockpile is to serve the interest of national defense only and is not to be used for economic or budgetary purposes and --except for rotations, disposal of excess materials that may cause a loss to the Federal Government if allowed to deteriorate, and releases required for national defense, no disposal may be made from the stockpile *** if the disposal would result in there being a balance in the National Defense Stockpile Transactidn Fund *** after September 30, 1983, *** in excess of $500,000,000. l/ 1/Amendment by the Omnibus Budget and Reconciliation Act of 1981, Public Law 97-35. (008490)

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