The Budget of the United States Government for Fiscal Year 1974: Hearing, Ninety-third Congress, First SessionU.S. Government Printing Office, 1973 - 255 pages |
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Page 60
... figure . Chairman MCCLELLAN . If you take $ 8 billion from the $ 31 billion , the $ 8 billion you are getting from the social security tax increase , that leaves $ 23 billion increase in revenues that you anticipate will accrue by ...
... figure . Chairman MCCLELLAN . If you take $ 8 billion from the $ 31 billion , the $ 8 billion you are getting from the social security tax increase , that leaves $ 23 billion increase in revenues that you anticipate will accrue by ...
Page 61
... figures for 1974 you state that this increase in spending , coupled with the more rapid rise in receipts , will cut the deficit almost in half to $ 12.7 billion . Now you say on a full- employment basis , outlays and receipts are in ...
... figures for 1974 you state that this increase in spending , coupled with the more rapid rise in receipts , will cut the deficit almost in half to $ 12.7 billion . Now you say on a full- employment basis , outlays and receipts are in ...
Page 63
... figures . Senator YOUNG . What inflation factor did you use in making these estimates ? Secretary SHULTZ . The average for the year of around 3 percent , although we hope that we will have a declining trend during the last 6 months of ...
... figures . Senator YOUNG . What inflation factor did you use in making these estimates ? Secretary SHULTZ . The average for the year of around 3 percent , although we hope that we will have a declining trend during the last 6 months of ...
Page 64
... figure . But I am just speculating about that . I am not in possession of information about it . Senator PASTORE . Mr. Shultz , you are a very influential person in the executive department . Do you mean to tell me this matter has not ...
... figure . But I am just speculating about that . I am not in possession of information about it . Senator PASTORE . Mr. Shultz , you are a very influential person in the executive department . Do you mean to tell me this matter has not ...
Page 82
... figure was set $ 13 billion higher by our President and his associa- ates in the executive branch of the Government . We have had some very fine discussions in the Joint Committee on the Budget . One of your namesakes , Charles Schultze ...
... figure was set $ 13 billion higher by our President and his associa- ates in the executive branch of the Government . We have had some very fine discussions in the Joint Committee on the Budget . One of your namesakes , Charles Schultze ...
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Common terms and phrases
$10 billion Administration Agencies amount answer Anti-Deficiency Act Asian Development Bank balance bill budget authority budgetary Bureau Chairman MCCLELLAN Commission committee CONGRESS THE LIBRARY congressional constitutional Construction contract authority defense deficit dollars economic Education estimates expenditures Federal funds Federal Highway Administration Federal Housing Administration fiscal year 1974 foreign aid full employment Funds Appropriated going Government grants highway impound funds impounding actions increase inflation International legislative LIBRARY OF CONGRES LIBRARY OF CONGRESS loans ment military National North Vietnam obligated Operation Orono payments percent President President's priorities problem programs projects question reduce request reserve Rural Salaries and expenses Secretary SHULTZ Senator BELLMON Senator BIBLE Senator INOUYE Senator MATHIAS Senator MCGEE Senator MONTOYA Senator PASTORE Senator SCHWEIKER silvicultural spending ceiling spruce-fir statement Subcommittee taxes tion Total trust funds U.S. Senator unobligated