LETTER TO MR. COLBY FROM RICHARD NIXON

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP80M01009A003100020055-1
• Release Decision: RIPPUB
• Original Classification: K
• Document Page Count: 4
• Document Creation Date: January 4, 2017
• Document Release Date: March 5, 2008
• Sequence Number: 55
• Publication Date: July 18, 1974
• Content Type: LETTER

Approved For Release 2008/03/05: CIA-RDP80M01009A003100020055-1
The Western White House
San Clemente
July 18, 1974
Dear Mr. Colby:
Bxesuutive Reyi~tzp
This week, Roy Ash is sending you my budget guidance
for 1976 for your Agency.
We are fighting inflation on many fronts, and I am
determined to succeed in this struggle. One thing
we must do is eliminate excess Federal spending, and
I want you to turn your full attention to achieving
the outlay goal in your 1976 budget guidance.
We are aiming for budget balance in 1976. To achieve
balance, we will have to reduce 1976 outlays by well
over $10 billion from the level they could reach without
your special effort. In many areas, this will require
that we propose legislative cuts to the Congress with
our 1976 budget. I urge you to examine every dollar
of your Agency's budget to find where we can restrain
undue growth and even cut back or eliminate programs
that are not worth the taxpayers' dollars.
Nothing is more important right now to the American
people than restraining inflation. We must do our
part by controlling Federal spending; with your help,
we can achieve a balanced budget in 1976.
Sincerely,
The Honorable William Egan Colby
Director of Central Intelligence
Washington, D.C. 20505
NSC review completed.
Approved For Release 2008/03/05: CIA-RDP80M01009A003100020055-1
 Approved For Release 2008/03/05: CIA-RDP80M01009A003100020055-1
,"W MW
USIB / IRAC -D - 74, 2/6
23 July 1974
UNITED STATES INTELLIGENCE BOARD
INTELLIGENCE RESOURCES ADVISORY COMMITTEE
MEMORANDUM FOR USIB PRINCIPALS
IRAC PRINCIPALS
SUBJECT Budget Guidance
1. The Director of Central Intelligence has requested that the
attached letter from the President be circulated to the USIB and IRAC
Principals for information.
2. The DCI will comment on the Presidential guidance at the
24 July IRAC meeting.
Approved For Release 2008/03/05: CIA-RDP80M01009A003100020055-1
 /C
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SLIP
TRANSMITTAL
t duly i
TO:
Executive Registry
ROOM NO.
BUILDING
REMARKS:
Reproduced and disseminated
as USIB/IRAC-D-74.2/6.
Subject will be discussed at the
24 July IRAC meeting.
FROM: USIB/IRAC Secretariat
ROOM NO.
BUILDING
EXTENSION
FORM NO .')A I REPLACES FORM 36-6 (47)
Approved For Release 2008/03/05: CIA-RDP80MO1009AO03100020055-1