Chief Executive Officer's (CEOs) Meeting, July 9, 1985
Item
of 1
- Other Media
-
lead_388_001_all_tr.txt - Extent (Dublin Core)
- 23 Pages
- File Name (Dublin Core)
- lead_388_001_all
- Title (Dublin Core)
- Chief Executive Officer's (CEOs) Meeting, July 9, 1985
- Description (Dublin Core)
- Includes correspondence from Dole thanking others that attended the meeting, attendance lists, and proposed agendas for the meeting.
- Date (Dublin Core)
- 1985-07-09
- Date Created (Dublin Core)
- 1985-07-09
- Congress (Dublin Core)
- 99th (1985-1987)
- Topics (Dublin Core)
- See all items with this valueBudget deficits--United States
- See all items with this valueCompetition, International
- Policy Area (Curation)
- Foreign Trade and International Finance
- Economics and Public Finance
- Creator (Dublin Core)
- Dole, Robert J., 1923-2021
- Rights (Dublin Core)
- http://rightsstatements.org/vocab/CNE/1.0/
- Language (Dublin Core)
- eng
- Collection Finding Aid (Dublin Core)
- https://dolearchivecollections.ku.edu/index.php?p=collections/findingaid&id=26&q=
- Physical Location (Dublin Core)
- Collection 007, Box 388, Folder 1
- Institution (Dublin Core)
- Robert J. Dole Institute of Politics, University of Kansas, Lawrence, KS
- Archival Collection (Dublin Core)
- Robert J. Dole Republican Leadership Collection, 1985-1996
- Full Text (Extract Text)
-
(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 -
(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 -
(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 -
(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 -
(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 -
(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 -
(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
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