71.   Giuliani said that administrative costs would be covered by money raised specifically for overhead, not by general donations to the Twin Towers Fund.

72.   He added that his administrative costs are dramatically lower because he does not hire expensive outside consultants.

73.   He brought in a new management team, prepaid debt, sold the corporate headquarters, cut administrative costs and made some strategic acquisitions.

74.   He added that large companies were more likely to offer leave banks than small ones because of the administrative costs involved.

75.   He now says, for instance, that welfare spending can be controlled by reducing administrative costs, without cutting services.

76.   He defended the spending cuts in welfare programs, saying that money would be saved in administrative costs by allowing the states more flexibility.

77.   He said that most, if not all, of the service reductions were unnecessary, because the authority had not gone far enough in cutting administrative costs.

78.   He said the new policy would not significantly raise administrative costs, which are already low by the standards of the nonprofit sector.

79.   He said that sending welfare in a block grant to states could save billions of dollars now spent on federal administrative costs.

80.   Higher administrative costs accounted for most of those differences, the authors said.