THE 1971 ECONOMIC REPORT OF
THE PRESIDENT

HEARINGS

BEFORE THE

JOINT ECONOMIC COMMITTEE
CONGRESS OF THE UNITED STATES

NINETY-SECOND CONGRESS

For sale by the Superintendent of Documents, U.S. Government Printing Office
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CONTENTS

WITNESSES AND STATEMENTS

FRIDAY, FEBRUARY 5, 1971

Proxmire, Hon. William, chairman of the Joint Economic Committee:

Opening statement..

Miller, Hon. Jack, member of the Joint Economic Committee: Opening

statement of the minority members..

McCracken, Hon. Paul W., Chairman, Council of Economic Advisers,

accompanied by Hendrik Houthakker and Herbert Stein, members...

TUESDAY, FEBRUARY 9, 1971

Proxmire, Hon. William, chairman of the Joint Economic Committee:

Opening statement_

Shultz, Hon. George P., Director, Office of Management and Budget,

accompanied by Caspar F. Weinberger, Deputy Director; Samuel M.

Cohn, Assistant Director for Budget Review; James Schlesinger,

Assistant Director; Donald Rice, Assistant Director; Richard Nathan,

Assistant Director; and Arthur Laffer, economist__

WEDNESDAY, FEBRUARY 17, 1971

Proxmire, Hon. William, chairman of the Joint Economic Committee:

Opening statement____

Romney, Hon. George, Secretary, Department of Housing and Urban

Development, accompanied by Frederick W. Deming, Special Assist-

ant; and Nathaniel J. Eiseman, Director, Office of Budget..

Stans, Hon. Maurice H., Secretary of Commerce, accompanied by Harold

C. Passer, Assistant Secretary for Economic Affairs; Robert McLellan,

Assistant Secretary for Domestic and International Business; Lawrence

A. Fox, Deputy Assistant Secretary for International Trade Policy;

and Michael Boretsky, Office of Policy Development_---

THURSDAY, FEBRUARY 18, 1971

Proxmire, Hon. William, chairman of the Joint Economic Committee:

Opening statement....

Hardin, Hon. Clifford M., Secretary of Agriculture, accompanied by Don

Paarlberg, Director, Agricultural Economics, Department of Agri-

culture__

FRIDAY, FEBRUARY 19, 1971

Proxmire, Hon. William, chairman of the Joint Economic Committee:

Opening statement..

237

Burns, Hon. Arthur F., Chairman, Board of Governors, Federal Reserve

System...

238

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