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153 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 What I would like to propose is this: That the staff of NBAC, those commissioners, not just subcommittee members but any commissioner who would like to have a hands on involvement in the preparation of the next draft, Kathy and I, work on the next draft, which we would like to see be -- I would like to see be a penultimate draft and be pretty near final. Now that may mean leaving certain things in brackets where we still have a few decisions remaining. It will certainly mean some points that we think we made clear will not have been made sufficiently clearly for all members. It has been further suggested by Eric Meslin, and we talked about this in subcommittee yesterday, that we see -- at some point see a draft of the report, either it would be the next one or perhaps the one after that, and post it as an interim report and actually post it on the World Wide Web for public comment for a period of days, perhaps 30 days, before we then can take the comments and assimilate them and decide what changes, if any, to make in what will be our final report. I would like to see all this happen expeditiously because you can draw these things out and make them a little better but again we would like to see it

154 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 happen in our lifetimes. In fact, I would like to see it happen early in 1998 as a final report. So, I guess, my proposal, and I would like to hear Harold's response to this, is that we have a very ambitious second draft of the report which we hope will be either the penultimate or the near penultimate version of the report. DR. SHAPIRO: Thank you, Tom. I think we have decided, as Tom just indicated, to take the first draft that we are at least almost satisfied with and issue that as an interim report, wait for some comments like 30 days, and then with our own analysis go back and see if we cannot produce a final report. I would say, Tom, there is a big area between 30 days and our life times, I hope. So we will have to see just how much time we have there. But I think we will spend a large amount of intensive staff time on this report in the next month and it would be extremely helpful to us and to the quality of what we are able to do ourselves if those of you who have, one, challenging ideas that you think need careful consideration if you would write them down so that we can analyze them as carefully as possible because we will make

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happen <strong>in</strong> our lifetimes. In fact, I would like to see it<br />

happen early <strong>in</strong> 1998 as a f<strong>in</strong>al report.<br />

So, I guess, my proposal, and I would like to<br />

hear Harold's response to this, is that we have a very<br />

ambitious second draft of the report which we hope will be<br />

either the penultimate or the near penultimate version of<br />

the report.<br />

DR. SHAPIRO: Thank you, Tom.<br />

I th<strong>in</strong>k we have decided, as Tom just <strong>in</strong>dicated,<br />

to take the first draft that we are at least almost<br />

satisfied with and issue that as an <strong>in</strong>terim report, wait<br />

for some comments like 30 days, and then with our own<br />

analysis go back and see if we cannot produce a f<strong>in</strong>al<br />

report.<br />

I would say, Tom, there is a big area between<br />

30 days and our life times, I hope. So we will have to see<br />

just how much time we have there.<br />

But I th<strong>in</strong>k we will spend a large amount of<br />

<strong>in</strong>tensive staff time on this report <strong>in</strong> the next month and<br />

it would be extremely helpful to us and to the quality of<br />

what we are able to do ourselves if those of you who have,<br />

one, challeng<strong>in</strong>g ideas that you th<strong>in</strong>k need careful<br />

consideration if you would write them down so that we can<br />

analyze them as carefully as possible because we will make

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