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091297 1 (1967-11-27)

handle is hein.gao/gaobadxiq0001 and id is 1 raw text is: 
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               United States General Accounting Office
                      Washington, D.C.   20548

                                            FOR RELEASE ON DELIVERY
                                            Expected at 10:00 a.m. EST
                                            Monday, November 27, 1967

                             STATEMENT OF
      ELMER B. STAATS, COMPTROLLER CENERAL OF THE UNITED STATES
                              BEFORE THE
               SUBCOMMITTEE ON ECONOMY IN THE GOVERNMENT
                       JOINT ECONOMIC COMMITTEE
                                  ON
                        ECONOMY IN GOVERNMENT
                                                                  LM091297

Mr. Chairman and Members of the Committee:

     I am pleased to appear before this subcommittee today to discuss the

status of certain matters of interest to you which came to light during

the hearings in May 1967. As agreed with you. Mr. Chairman, my statement

will cover several of the more significant areas In which we have been

actively engaged since May as follows:

          I. Truth in Negotiations Act,. Public Law 87-653.

          2. Military Supply Systems.

          3. Control over Government Property in Possession.

              of Defense Contractors.

          4. Contractor Versus In-house Methods of Acquiring Goods and

              Services.

           5. Small Purchases.

      In addition, we are furnishing your Subcommittee a summary of the status

 of other matters mentioned for follow-up in your report of July 1967.

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