2 THE PRESIDENT HEARINGS BEFORE THE JOINT ECONOMIC COMMITTEE CONGRESS OF THE UNITED STATES. NINETY-FOURTH CONGRESS SECOND SESSION 16 75-983 PART 4 INVITED COMMENTS Printed for the use of the Joint Economic Committee U.S. GOVERNMENT PRINTING OFFICE WASHINGTON: 1976 JOINT ECONOMIC COMMITTEE (Created pursuant to sec. 5(a) of Public Law 304, 79th Cong.) HUBERT H. HUMPHREY, Minnesota, Chairman CONTENTS Letter of Senator Hubert H. Humphrey, chairman of the Joint Economic Committee, inviting comments on the 1976 Economic Report of the President; preceded by a listing of organizations and individuals from American Federation of Labor and Congress of Industrial Organizations: Conference on Economic Progress: Leon H. Keyserling, chairman, Council of Economic Advisers to President Truman, and president, Conference Output Systems Corp.: Matthew J. Kerbec, president.. Sierra Club: Richard A. Tybout, chairman, Economics Committee. (III) THE 1976 ECONOMIC REPORT OF THE PRESIDENT The following fourteen organizations and individuals were invited by the Joint Economic Committee to submit their views and comments on the 1976 Economic Report of the President: American Bankers Association, AFL-CIO, American Life Insurance Association, Chamber of Commerce of the United States, Committee for Economic Development, Conference on Economic Progress, National Association of Mutual Savings Banks, National Urban Coalition, New York Chamber of Commerce & Industry, Output Systems Corp., Sierra Club, United Auto Workers of America, United States League of Savings Associations, and Mr. Jerry Voorhis. The statements received in response to this invitation were considered by the Committee in the preparation of its Annual Report to the Congress and are printed here as part of the record of the Committee's hearings on the 1976 Economic Report of the President. The text of the Committee's letter of invitation appears below: CONGRESS OF THE UNITED STATES, JOINT ECONOMIC COMMITTEE, Washington, D.C., February 4, 1976. DEAR : Under the Employment Act of 1946, the Joint Economic Committee has the responsibility of filing each year a report containing its findings and conclusions with respect to the recommendations made by the President in his Economic Report. Because of the limited number of days available for hearings, the Committee is requesting a number of leaders of business and finance, labor, agriculture, consumer, and environmental organizations to submit statements for the record on economic and energy issues facing the Nation. These statements will be made a part of our hearings on the Economic Report in a printed volume containing such invited statements. Accordingly, as Chairman, I invite your comments on the economic issues which concern the Nation and your organization. Under separate cover I am sending you a copy of the 1976 Economic Report of the President, filed January 26, 1976. We would like to distribute copies of your statement to the members of the Committee and the staff, and would therefore appreciate your sending 30 copies by Monday, March 8, 1976 to Dee Dee Stewart, Staff Assistant, room G-133, Dirksen Senate Office Building, Washington, D.C. Best wishes. HUBERT H. HUMPHREY, Chairman. (685) |