DAVID BROWN, anchor: At first, he didn't seem to be buying the idea, but today President Bush said he supports giving, and I quote here, "full budgetary authority to a new national intelligence director or NID." This was one of the recommendations of the 9-11 Commission. But with more than a dozen agencies and departments doing intelligence work, what does full budgetary authority really mean? Ivo Daalder of The Brookings Institution, a former member of the National Security Council, says you might think of this as Washington's code language for serious power and genuine accountability.

IVO DAALDER: Exactly. I mean, it--you already had in the director of Central Intelligence a person who nominally was in control of the 15 different intelligence agencies that are spread out throughout the government, but he didn't have control over the money that went to those agencies and he didn't have control over the people who ran those agencies.

BROWN: The acting CIA director, though, said, `Look, the existing CIA chief could do everything the 9/11 panels recommended without creating a whole new layer of bureaucracy. All it would take is Congress giving him that authority.' Why not stick all intelligence functions under an existing roof?

DAALDER: What the 9-11 Commission concluded, and I think rightly so, is that the concurrent CIA director, or the director of Central Intelligence, really has three different jobs and he can't do all three at the same time. He's the director of the Central Intelligence Agency; he is the director of the intelligence community, that is, he oversees not only the CIA but also the 14 other intelligence community agencies that exist; and then third, he is the president's principal adviser on intelligence matters.

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