The Federal Deposit Insurance Corp. spent $864 million during the first six months of 1996, or 12% less than budgeted.

In a release last week, the agency said it postponed upgrading work stations and cut equipment spending by more than one-third, which shaved more than $12 million. Spending on outside services was cut $81.4 million, and the legal division trimmed $13.4 million by lowering fees paid to outside attorneys.

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