The Federal Budget for 1972: Hearings, Ninety-second Congress, First SessionU.S. Government Printing Office, 1971 - 295 pages |
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Page 3
... full - employment revenues by $ 6 billion in 1966 , $ 10 billion in 1967 , and $ 25 billion in 1968. Expansive ... full employment . When the Federal government's spending actions over an extended period push outlays sharply higher ...
... full - employment revenues by $ 6 billion in 1966 , $ 10 billion in 1967 , and $ 25 billion in 1968. Expansive ... full employment . When the Federal government's spending actions over an extended period push outlays sharply higher ...
Page 4
... Full Employment Budget -Surplus or Deficit Surplus 10- 15- 20- 25- $ Billions 10- 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 FE Balance < -10.6 25.2 Estimate The principle of holding outlays to revenues at full employment ...
... Full Employment Budget -Surplus or Deficit Surplus 10- 15- 20- 25- $ Billions 10- 1962 1963 1964 1965 1966 1967 1968 1969 1970 1971 1972 FE Balance < -10.6 25.2 Estimate The principle of holding outlays to revenues at full employment ...
Page 8
... full employment budget concept as a policy underlying the budget has come in for a great deal of discussion . What I ... full employment . When the Federal Government's spending actions over an extended period push outlays sharply higher ...
... full employment budget concept as a policy underlying the budget has come in for a great deal of discussion . What I ... full employment . When the Federal Government's spending actions over an extended period push outlays sharply higher ...
Page 9
... EMPLOYMENT BUDGET When we speak about the full employment surplus or deficit , we are compar- ing outlays not with actual revenues but with the revenues that would be gen- erated if the economy were operating throughout the year at full ...
... EMPLOYMENT BUDGET When we speak about the full employment surplus or deficit , we are compar- ing outlays not with actual revenues but with the revenues that would be gen- erated if the economy were operating throughout the year at full ...
Page 10
... full employment revenues . Such a balance was achieved in 1969 and 1970. Balances are also expected for 1971 and 1972 . REORDERING THE NATION'S PRIORITIES The 1972 budget continues the shift in priorities that characterized the 1971 ...
... full employment revenues . Such a balance was achieved in 1969 and 1970. Balances are also expected for 1971 and 1972 . REORDERING THE NATION'S PRIORITIES The 1972 budget continues the shift in priorities that characterized the 1971 ...
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Common terms and phrases
action additional administration agencies Alaska Railroad allocation amount appropriate areas assistance balance basic basis bill billion budget authority Budget Outlays Bureau categorical grants CEDERBERG Chairman changes Commission committee community development CONGRESS THE LIBRARY costs debt defense deficit Director dollars economy Education effect enacted estimate expenditures Federal funds Federal Government financing fiscal year 1972 Food stamp program full employment budget full employment receipts going gross national product hearing Highway included inflation interest legislation LIBRARY OF CONGRESS MAHON Manpower MCCRACKEN ment monetary monetary policy Office operating pay increases payments peace dividend percent Postal President President's priorities problems programs projected proposed Public Law pursuant question record reduce reform request revenue-sharing rural Secretary CONNALLY SHULTZ special revenue sharing spending statement subsection Subtotal surplus things tion Treasury trust funds unified budget Urban Veterans welfare welfare reform
Popular passages
Page 257 - Referred to the Committee of the Whole House on the State of the Union and ordered to be printed To the Congress of the United States: Last year the Congress by its action declared: the Nation's No.
Page 236 - General, or any of his assistants or employees, when duly authorized by him, shall, for the purpose of securing such information, have access to and the right to examine any books, documents, papers, or records of any such department or establishment.
Page 243 - Secretary as to the facts, if supported by substantial evidence, shall be conclusive, but the court, for good cause shown, may remand the case to the Secretary to take further evidence, and the Secretary may thereupon make new or modified findings of fact and may modify his previous action, and shall file in the court the record of the further proceedings.
Page 238 - ... the court the record of the further proceedings. Such new or modified findings of fact shall likewise be conclusive If supported by substantial evidence.
Page 46 - In apportioning any appropriation, reserves may be established to provide for contingencies, or to effect savings whenever savings are made possible by or through changes in requirements, greater efficiency of operations, or other developments subsequent to the date on which such appropriation was made available.
Page 244 - State government or unit of general local government is engaged in a pattern or practice in violation of the provisions of this section, the Attorney General may bring a civil action in any appropriate United States district court for such relief as may be appropriate, including injunctive relief.
Page 13 - At times the econoiic situation permits — even calls for — a budget deficit. There. is one basic guideline for the budget, however, which we should never violate: except in emergency conditions, expenditures must never be allowed to outrun the revenue that the tax system would produce at reasonably full employment.
Page 292 - Federal credit unions are established and operated under the authority granted by the Federal Credit Union Act, as amended (12 USC, 1751 et seq.) as legal entities with specific powers and authorities as approved by law.
Page 5 - Development, the Director of the Office of Management and Budget, the Chairman of the Council of Economic Advisers, the...
Page 107 - Nothing is easier than the expenditure of public money. It does not appear to belong to anybody. The temptation is overwhelming to bestow it upon somebody.