(handwritten) Mr. Simpson UNITED STATES SENATE OFFICE OF THE MAJORITY LEADER WASHINGTON, D.C. BOB DOLE KANSAS July 10, 1985 Dear Bob: Thank you for attending the breakfast yesterday morning. I particularly appreciated your candid advice on the need to strike the best deal we can get on the budget resolution. I am grateful for your help throughout the budget process and for your assistance in refocusing the attention of the White House on the deficit issue. I look forward to a continuing working relationship with you. Sincerely yours, (signature) Bob Dole Mr. Robert D. Kilpatrick Chairman CIGNA Corporation One Logan Square Philadelphia, Pennsylvania 19103 BOB DOLE KANSAS Dear Dave: Thank you for attending the breakfast yesterday morning. I particularly appreciated your comments on the need to develop a national trade policy. I hope we can set up a separate meeting to give us more time to address the trade issue in depth. I look forward to a continuing working relationship with you. Sincerely yours, (signature) Bob Dole David Roderick Chairman US Steel Corporation 600 Grant Street Pittsburgh, Pennsylvania 15230 BOB DOLE KANSAS Dear Jim: Thank you for attending the breakfast yesterday morning. I was particularly interested in your careful analysis of the business outlook based on a survey of advertising purchases. I also greatly appreciated your candid advice on the budget, tax reform, and trade policy. I look forward to a continuing working relationship with you. Sincerely yours, (signature) Bob Dole James E. Burke Chairman Johnson & Johnson One Johnson & Johnson Plaza New Brunswick, New Jersey 08933 BOB DOLE KANSAS Dear Bob: Thank you for attending the breakfast yesterday morning. I particularly appreciated your candid advice on the need to strike the best deal on the deficit we can get on the budget resolution. I was also greatly interested in your ideas as to the taxation of Social Security benefits after all employee contributions are recovered. I look forward to a continuing working relationship with you. Sincerely yours, (signature) Bob Dole Robert A. Beck Chairman Prudential Insurance Co. 745 Broad Street Newark, New Jersey 07101 BOB DOLE KANSAS Dear Cliff: Thank you for attending the breakfast yesterday morning. I particularly appreciated your insight into the economic outlook for American business. I also greatly appreciated your candid advice on the budget deficit, tax reform, and trade policy. I look forward to a continuing working relationship with you. Sincerely yours, (signature) Bob Dole Clifton C. Garvin, Jr. Chairman Exxon Corporation 1251 Avenue of the Americas New York, New York 10020 BOB DOLE KANSAS Dear Ted: Thank you for attending the breakfast yesterday morning. I particularly appreciated your candid advice on the need to wrap up an agreement on the budget, even though such an agreement may be less than ideal. I also appreciated your thoughts on tax reform and trade policy. I look forward to a continuing working relationship with you. Sincerely yours, (signature) Bob Dole Theodore S. Brophy Chairman General Telephone & Electronics Corp. One Stamford Forum Stamford, Connecticut 06904 (entire page handwritten) Soe Soe - (illegible) all benefits after (illegible) 275B What can Pres. do? (entire page handwritten) Jim & Cliff were prepared to talk about eco. TRADE Trade Dave R. BREAKFAST MEETING -- TUESDAY, JULY 9, 1985 8:15 a.m. -- S. 230 Theodore S. Brophy Chairman General Telephone & Electronics Corp. One Stamford Forum Stamford, Connecticut 06904 Clifton C. Garvin, Jr. Chairman Exxon Corporation 1251 Avenue of the Americas New York, New York 10020 Robert D. Kilpatrick Chairman Cigna Corporation One Logan Square Philadelphia, Pennsylvania 19103 Tom O'Hara Senior Vice President Prudential Insurance Company Washington Office Robert A. Beck (check mark) Chairman Prudential Insurance Co. 745 Broad Street Newark, New Jersey 07101 James E. Burke (check mark) Chairman Johnson & Johnson One Johnson & Johnson Plaza New Brunswick, New Jersey 08933 David Roderick (check mark) Chairman US Steel Corporation 600 Grant Street Pittsburgh, Pennsylvania 15230 Stan (crossed out; replaced with Sam) Maury Executive Director Business Roundtable Washington, DC 20036 Senator Dole Senator Domenici Rod DeArment Senator Simpson (drop by) (entire page handwritten) 7 different groups Roderick - deficit tied to trade issue Beck - affect of failure would be drastic Garvin - no (illegible) trade deficit - may be destabilizing TV ad 1984 $2 1/2 billion now $2 1/2 billion shortened buying cycle capital cities --> 3% off 2.6-2.7% GNP 4-4 1/2% service (illegible) flat - manufacturing Roderick - 31 --> 25% - 22% declines in volume of imports Garvin --> (illegible) transition tax Breakfast Sen. Domenici 8-10 days to get something meaningful can't get COLAs need something in social security Our BA in defense their outlays realistic 55-56 if count OCS OCS - solve problem & legislation $1 billion over 3 years accounting clarification rural housing & 275 off current policy & rose garden on defense Gray-Kemp - Taxing all benefits once get back all contribution Beck --> slower all soc. security payments what is contribution consensus - whatever you can get Domenici - Chiles - Gorton Pres - forget about it O'Neill --> won't (illegible) it Kilpatrick - psychology of giving up altogether would be unhelpful get the best deal you can BREAKFAST MEETING -- TUESDAY, JULY 9, 1985 8:15 a.m. -- S. 230 Theodore S. Brophy (handwritten: Ted) Chairman General Telephone & Electronics Corp. One Stamford Forum Stamford, Connecticut 06904 Clifton C. Garvin, Jr. (handwritten: Cliff) Chairman Exxon Corporation 1251 Avenue of the Americas New York, New York 10020 Robert D. Kilpatrick (handwritten: Bob) Chairman Cigna Corporation One Logan Square Philadelphia, Pennsylvania 19103 Tom O'Hara Senior Vice President Prudential Insurance Company Washington Office Robert A. Beck (handwritten: Bob) Chairman Prudential Insurance Co. 745 Broad Street Newark, New Jersey 07101 James E. Burke (handwritten: Jim) Chairman Johnson & Johnson One Johnson & Johnson Plaza New Brunswick, New Jersey 08933 David Roderick (handwritten: David) Chairman US Steel Corporation 600 Grant Street Pittsburgh, Pennsylvania 15230 Stan Maury Executive Director Business Roundtable Washington, DC 20036 Senator Dole Senator Domenici Rod DeArment Senator Simpson (drop by) Tuesday, July 9, 1985 Breakfast Meeting with CEO's Room S-230 8:30 a.m. AGENDA 1. Economy - Business Outlook for next 6 to 12 months 2. Trade and International Competitiveness a. Is the problem getting worse b. Import surcharge 3. Deficit Reduction a. Status of House-Senate Conference on Budget b. Role for business community Tuesday, July 9, 1985 Breakfast Meeting with CEO's Room S-230 8:30 a.m. AGENDA 1. Economy - Business Outlook for next 6 to 12 months 2. Trade and International Competitiveness a. Is the problem getting worse b. Import surcharge 3. Deficit Reduction a. Status of House-Senate Conference on Budget b. Role for business community BREAKFAST MEETING -- TUESDAY, JULY 9, 1985 8:15 a.m. - S.230 Theodore S. Brophy Chairman General Telephone & Electronics Corp. One Stamford Forum Stamford, Connecticut 06904 Clifton C. Garvin, Jr. Chairman Exxon Corporation 1251 Avenue of the Americas New York, New York 10020 Robert D. Kilpatrick Chairman Cigna Corporation One Logan Square Philadelphia, Pennsylvania 19103 Tom O'Hara Senior Vice President Prudential Insurance Company Washington Office Robert A. Beck Chairman Prudential Insurance Co. 745 Broad Street Newark, New Jersey 07101 James E. Burke Chairman Johnson & Johnson One Johnson & Johnson Plaza New Brunswick, New Jersey 08933 David Roderick Chairman US Steel Corporation 600 Grant Street Pittsburgh, Pennsylvania 15230 Stan Maury Executive Director Business Roundtable Washington, DC 20036 Senator Dole Senator Domenici Rod DeArment Senator Simpson (drop by) Tuesday, July 9, 1985 Breakfast Meeting with CEO's Room S-230 8:30 a.m. AGENDA 1. Economy - Business Outlook for next 6 to 12 months 2. Trade and International Competitiveness a. Is the problem getting worse b. Import surcharge 3. Deficit Reduction a. Status of House-Senate Conference on Budget b. Role for business community Tuesday, July 9, 1985 Breakfast Meeting with CEO's Room S-230 8:30 a.m. AGENDA 1. Economy - Business Outlook for next 6 to 12 months 2. Trade and International Competitiveness a. Is the problem getting worse b. Import surcharge 3. Deficit Reduction a. Status of House-Senate Conference on Budget b. Role for business community (entire page handwritten) AGENDA 1. Economy - Business outlook for next 6 to 12 months 2. Trade and international competitiveness (a) Is the problem getting worse? (b) Import surcharge 3. Deficit Reduction (a) Status of House-Senate Conference on Budget (b) Role for Business Community bottom of page: Packwood - no - conflict Domenici - Danforth - can't make it - Tuesday church service Chafee - Simpson - Tuesday, July 9, 1985 Breakfast Meeting with CEO's Room S-230 8:30 a.m. AGENDA 1. Economy - Business Outlook for next 6 to 12 months 2. Trade and International Competitiveness a. Is the problem getting worse b. Import surcharge 3. Deficit Reduction a. Status of House-Senate Conference on Budget b. Role for business community BREAKFAST MEETING - TUESDAY, JULY 9, 1985 8:30 a.m. (crossed out and replaced with "8:15-9:15") - S. 230 Theodore S. Brophy Chairman General Telephone & Electronics Corp. One Stamford Forum Stamford, Connecticut 06904 Clifton C. Garvin, Jr. Chairman Exxon Corporation 1251 Avenue of the Americas New York, New York 10020 Robert D. Kilpatrick Chairman Cigna Corporation One Logan Square Philadelphia, Pennsylvania 19103 Tom O'Hara Senior Vice President Prudential Insurance Company Washington Office Robert A. Beck Chairman Prudential Insurance Co. 745 Broad Street Newark, New Jersey 07101 James E. Burke Chairman Johnson & Johnson One Johnson & Johnson Plaza New Brunswick, New Jersey 08933 Handwritten: David Roderick, Chairman US Steel Corp. 600 Grant St. Pitts, Pn. 15230 Stan Maury Executive Director Business Roundtable Washington, DC 20036 handwritten on bottom of page: Rod Scheila Dole handwritten on bottom of page and crossed out: Dole Simpson Domenici Laxalt Packwood? handwritten on bottom of page: Packwood - checking Gorn - western coalition breakfast (marked "no") ce/finance Danforth <--> Chuck no handwritten on bottom of page: Armstrong - Chafee handwritten on next page: business list entire page handwritten: Monisa Adams 293-1677 July 9th 8:30 a.m. CEO's Tom O'Hara V-P Prudential Stan Maury E X Theodore S> 1. Ted Brophy CEO (illegible) GTE 1 Stamford Forum, Stamford 06904 CT 20396512104 Robert W. 2. Bob Kilpatrick, Chairman Cigna Corp., 1 Logan St. Phila 19103 215-557-5717 3. Bob Beck Robert A. CEO (illegible) & CEO Prudential Insurance Co., P. Plaza 745 Broad St., Newark 07101 201-877-6000 4. Clifton Garvin, Jr. Chairman EXXON Corp. 125, Ave of America NY 10020 212-333-1000 5. James E Burke Chairman (CEO crossed out) Johnson & Johnson John & J Plaza New Brunswick, N.J. 08933-7006 201-524-0400 BREAKFAST MEETING - TUESDAY, JULY 9, 1985 8:30 a.m. - S. 230 Theodore S. Brophy Chairman General Telephone & Electronics Corp. One Stamford Forum Stamford, Connecticut 06904 Clifton C. Garvin, Jr. Chairman Exxon Corporation 1251 Avenue of the Americas New York, New York 10020 Robert D. Kilpatrick Chairman Cigna Corporation One Logan Square Philadelphia, Pennsylvania 19103 Tom O'Hara Senior Vice President Prudential Insurance Company Washington Office Robert A. Beck Chairman Prudential Insurance Co. 745 Broad Street Newark, New Jersey 07101 James E. Burke Chairman Johnson & Johnson One Johnson & Johnson Plaza New Brunswick, New Jersey 08933 Handwritten: David Roderick, Chairman US Steel Corp. 600 Grant St. Pitts, Pn. 15230 Stan Maury Executive Director Business Roundtable Washington, DC 20036 handwritten on bottom of page: (II) Domenici - will call back Simpson - western coalition - will call back - stop by 9 Rod 10 Dole Should Steve Bell Attend? 12