CARD DIVISION URGENT DEFICIENCY APPROPRIATION BILL, 1955 HEARINGS BEFORE SUBCOMMITTEES OF THE COMMITTEE ON APPROPRIATIONS EIGHTY-FOURTH CONGRESS FIRST SESSION Printed for the use of the Committee on Appropriations 4 JAN A URGENT DEFICIENCY APPROPRIATION BILL, 1955 HEARINGS BEFORE SUBCOMMITTEES OF THE COMMITTEE ON APPROPRIATIONS EIGHTY-FOURTH CONGRESS FIRST SESSION 4. S. Congress. House. Printed for the use of the Committee on Appropriations HJ10 1955a сору 3 COMMITTEE ON APPROPRIATIONS CLARENCE CANNON, Missouri, Chairman GEORGE H. MAHON, Texas ANTONIO M. FERNANDEZ, New Mexico OTTO E. PASSMAN, Louisiana SIDNEY R. YATES, Illinois ALFRED D. SIEMINSKI, New Jersey JOHN TABER, New York H. CARL ANDERSEN, Minnesota ERRETT P. SCRIVNER, Kansas FREDERIC R. COUDERT, JR., New York EARL WILSON, Indiana GLENN R. DAVIS, Wisconsin BENJAMIN F. JAMES, Pennsylvania GERALD R. FORD, JR., Michigan EDWARD T. MILLER, Maryland II GEORGE Y. HARVEY, Clerk URGENT DEFICIENCY APPROPRIATION BILL, 1955 SUBCOMMITTEE ON INDEPENDENT OFFICES APPROPRIATIONS GEORGE W. ANDREWS, Alabama JOHN PHILLIPS, California MONDAY, JANUARY 10, 1955. HOUSING AND HOME FINANCE AGENCY FEDERAL HOUSING ADMINISTRATION WITNESSES NORMAN P. MASON, FEDERAL HOUSING COMMISSIONER FRANK J. MEISTRELL, GENERAL COUNSEL LESTER H. THOMPSON, COMPTROLLER HORACE B. BAZAN, DIRECTOR, BUDGET AND ORGANIZATION DIVISION ALLAN F. THORNTON, DIRECTOR, RESEARCH AND STATISTICS DIVISION ALBERT M. COLE, HOUSING AND HOME FINANCE ADMINISTRATOR JOHN M. FRANTZ, AGENCY BUDGET OFFICER Mr. THOMAS. Gentlemen, will the committee please come to order? We have with us this morning the gentlemen from the Federal Housing Administration. Present is Mr. Cole, the Administrator of the Housing and Home Finance Agency, together with his Budget Director, Mr. Frantz. Also, we have with us Mr. Mason, the Commissioner of Federal Housing; Mr. Meistrell, who is General Counsel, and I believe this is the first time Mr. Meistrell has been with us, and it is nice to have him; we also have Mr. Thompson, the Comptroller; Mr. Bazan, who is Director of the Budget and Organization Division, and Mr. Thornton, who is Director of the Research and Statistics. The purpose of the meeting here is to remove some limitations for your nonadministrative expense, as well as for your administrative expense item as contained in House Document 60. We will insert the letter of transmittal contained therein at this point, along with the more important parts of the justifications. (The matter referred to is as follows:) The PRESIDENT, The White House. EXECUTIVE OFFICE OF THE PRESIDENT, BUREAU OF THE BUDGET, Washington 25, D. C., January 6, 1955. SIR: I have the honor to submit herewith for your consideration a draft of a proposed provision pertaining to the fiscal year 1955 increasing limitations for the Housing and Home Finance Agency as follows: "HOUSING AND HOME FINANCE AGENCY "FEDERAL HOUSING ADMINISTRATION "The amount made available under this head in title II of the Independent Offices Appropriation Act, 1955, as amended by the Supplemental Appropriation Act, 1955, for administrative expenses, is increased from $5,500,000' to '$5,625,000', and the limitation on the amount available for expenses of travel is increased from '$250,000' (1) |