Economic Report of the President: Hearings Before the Joint Economic Committee, Congress of the United StatesU.S. Government Printing Office, 1969 |
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Page 45
... increase of $ 12.6 billion over the estimate for fiscal 1969. Outlays in fiscal 1970 are pro- jected at $ 195.3 billion . The estimated increase in fiscal 1970 Federal revenue is due almost entirely to anticipated economic growth . For ...
... increase of $ 12.6 billion over the estimate for fiscal 1969. Outlays in fiscal 1970 are pro- jected at $ 195.3 billion . The estimated increase in fiscal 1970 Federal revenue is due almost entirely to anticipated economic growth . For ...
Page 77
... increases * $ Bil . 25 25 23.8 Tax increase . 22.0 Tax increase 20.2 5.8 20 19.1 enacted 20 16.0 15 8.9 5.8 Tax increase proposed 15 10 8.2 5 -10 13.1 12.2 Tax Savings 5 1964 1965 1966 1967 1968 1969 Calendar Years Office of the ...
... increases * $ Bil . 25 25 23.8 Tax increase . 22.0 Tax increase 20.2 5.8 20 19.1 enacted 20 16.0 15 8.9 5.8 Tax increase proposed 15 10 8.2 5 -10 13.1 12.2 Tax Savings 5 1964 1965 1966 1967 1968 1969 Calendar Years Office of the ...
Page 107
... increase of $ 16.4 billion , or , on the average , $ 8.2 billion a year . That is a fairly modest increase , I would say . Of that $ 16.4 billion , about $ 7 billion is trust fund in- creases . So , if you subtract out the trust fund ...
... increase of $ 16.4 billion , or , on the average , $ 8.2 billion a year . That is a fairly modest increase , I would say . Of that $ 16.4 billion , about $ 7 billion is trust fund in- creases . So , if you subtract out the trust fund ...
Page 108
... increases . Compared with 1969 , there is a $ 4.2 billion increase in fiscal 1970 for Federal aid to State and local governments . This has meant a number of things . First , it means that State and local governments are now more ...
... increases . Compared with 1969 , there is a $ 4.2 billion increase in fiscal 1970 for Federal aid to State and local governments . This has meant a number of things . First , it means that State and local governments are now more ...
Page 110
... increase reflects recommended legislation to raise overall social security benefits by 13 % effective January 1 , 1970 , including at least a 10 % increase for almost all beneficiaries , an increase in the minimum to $ 80 a month , an ...
... increase reflects recommended legislation to raise overall social security benefits by 13 % effective January 1 , 1970 , including at least a 10 % increase for almost all beneficiaries , an increase in the minimum to $ 80 a month , an ...
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adjustment administration AFL-CIO American assistance average balance of payments Bank billion bonds border tax adjustments budget outlays capital cent Chairman PATMAN competition Congress continue corporations cost debt deficit dollars domestic effect estimate expansion exports Federal Reserve financing fiscal policy forecast foreign funds GATT going gross national product growth housing impact important income increase industry inflation inflationary interest rates investment Joint Economic Committee Kennedy labor legislation major manpower MARTIN MAYO MCCRACKEN MEANY ment monetary policy money supply negotiations nontariff barriers percent President problem programs projected proposed quarter question reduce Representative REUSS Representative WIDNALL restraint rise Secretary SHULTZ Senator JAVITS Senator MILLER Senator PERCY Senator PROXMIRE spending statement surcharge surplus surtax tariff tax expenditures tion Trade Expansion Act trade policy Treasury U.S. Government unemployment United VOLCKER wage Zwick