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D15276 1 (1980-06-23)

handle is hein.gao/gaobadsvb0001 and id is 1 raw text is: 



          United States General Accounting Office
                 Washington, D.C. 20548

                                     FOR RELEASE ON DELIVERY
                                     Expected at 10:30 a.m.
                                     June 23, 1980





                       Statement of

                       Harry S. Havens

               Assistant Comptroller General

                        before the

     Special Subcommittee on Control of Federal Credit

                  Committee on the Budget

                    United States Senate

                             on

                 Control of Loan Guarantees



Mr. Chairman and Members of the Subcommittee:

     Thank you for the opportunity to testify before your

Special Subcommittee on Control of Federal Credit of the

Senate Committee on the Budget. In today's testimony, we

will summarize the work we have done in the area of Federal

credit programs and address some of the questions you posed

in your request to us. I believe the most efficient way to

do this is by discussing our work in the context of the

issues we believe are important and at the same time focus-

ing on your concerns as they relate to our work and the

issues. We have appended a bibliography of GAO work in

this area to this statement for your information.

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