Albert Casey was more than a little interested in Gov. Bill Clinton's proposal to fund new programs in part with $140 billion of spending cuts over four years.
At least $17 billion of the total - just over $4 billion a year - is supposed to come from management reform at the Resolution Trust Corp., which Mr. Casey happens to head.
Trouble is, Mr. Casey wrote in a letter to Rep. Chalmers Wylie, R-Ohio, the RTC's operating expenses for all of 1992 amount to only $3.4 billion, "well below the suggested savings of $4 billion."
An Unsuccessful Quest
A spokesman for Mr. Casey said the retired business executive has spent considerable time trying to find out from acquaintances in the Clinton camp where the numbers came from, but with little success.
"We can't figure out where their numbers are coming from," said Steve Katsanos, the RTC spokesman. "There aren't that many resolutions left to do. On recoveries, we're getting 94 cents on the dollar."
Gov. Clinton's proposal is detailed in his economic plan, "Putting People First." Campaign officials did not return calls requesting comment.
