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Excerpt from Strategic and Critical Materials Stock Piling Act Revision: Hearing Before the Subcommittee on Military Construction and Stockpiles of the Committee on Armed Services, United States Senate, Ninety-Sixth Congress; March 19, 1979Ppa really does not stockpile for civilian needs in the butter sense that these words imply to lay persons. The butter or fat of the economy is removed through austerity assumptions first. These assumptions are directed both at the level and composition Of spending patterns in the economy.Amendment number 68, which would allow disposal of excess stockpile materials without authorization legislation, would both restrict and liberalize the release Of materials from the stockpile. We do not agree with the thrust of this amendment for two reasons.First, its effect would reduce the exibility Of the President in dealing with common defense contingencies which call for prompt and direct executive action respecting releases from the strategic stockpile. It does not provide for peacetime releases necessary for the common defense, unless Congress has been notified 90 days in advance; unless the material necessary is excess to the goal; and unless the amounts required are less than the strict limits imposed by the amendment.Second, it would remove the oversight Of disposal actions by the Congress and deny an opportunity for comments by industry and other concerned parties.About the PublisherForgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.comThis book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works
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Strategic and Critical Materials Stock Piling ACT Revision
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