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
... projected an even larger surplus of $ 3.4 billion . In fiscal 1970 budget receipts are estimated at $ 198.7 billion , an increase of $ 12.6 billion over the estimate for fiscal 1969. Outlays in fiscal 1970 are pro- jected at $ 195.3 ...
... projected an even larger surplus of $ 3.4 billion . In fiscal 1970 budget receipts are estimated at $ 198.7 billion , an increase of $ 12.6 billion over the estimate for fiscal 1969. Outlays in fiscal 1970 are pro- jected at $ 195.3 ...
Page 124
... projected , it appears that there will be a very substantial increase in State and local debt as a result of new and expanded programs involving Federal financial assistance . Estimates of the likely magnitude of this increase vary ...
... projected , it appears that there will be a very substantial increase in State and local debt as a result of new and expanded programs involving Federal financial assistance . Estimates of the likely magnitude of this increase vary ...
Page 128
... Projections of State - Local Credit Demands Let us first consider the rate of growth of new State and local issues that looms ahead . The Joint Economic Committee in 1966 made a projection of the likely level of growth capital needs and ...
... Projections of State - Local Credit Demands Let us first consider the rate of growth of new State and local issues that looms ahead . The Joint Economic Committee in 1966 made a projection of the likely level of growth capital needs and ...
Page 129
... projections basically assumed a development of current programs . They did not make much allowance for new programs . The expansion of Federal programs that lies ahead is likely to induce even more substantial increases in State and ...
... projections basically assumed a development of current programs . They did not make much allowance for new programs . The expansion of Federal programs that lies ahead is likely to induce even more substantial increases in State and ...
Page 131
... PROJECTIONS OF THE SPREAD BETWEEN STATE AND LOCAL ( S. & L. ) BOND RATES AND Rate of growth of State and local bonds outstanding GNP rate ( 6 percent ) 2 . Moderate rate ( 10 percent ) .. High rate ( 20 percent ) .. CORPORATE RATES 1 ...
... PROJECTIONS OF THE SPREAD BETWEEN STATE AND LOCAL ( S. & L. ) BOND RATES AND Rate of growth of State and local bonds outstanding GNP rate ( 6 percent ) 2 . Moderate rate ( 10 percent ) .. High rate ( 20 percent ) .. CORPORATE RATES 1 ...
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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