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TREASURY, POSTAL SERVICE, AND GEN-
ERAL GOVERNMENT APPROPRIATIONS
FOR FISCAL YEAR 1974

HEARINGS

BEFORE A

SUBCOMMITTEE OF THE
COMMITTEE ON APPROPRIATIONS
HOUSE OF REPRESENTATIVES

NINETY-THIRD CONGRESS

FIRST SESSION

SUBCOMMITTEE ON THE TREASURY, POSTAL SERVICE, AND
GENERAL GOVERNMENT APPROPRIATIONS

TOM STEED, Oklahoma, Chairman

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JOHN M. SLACK, West Virginia

AUBREY A. GUNNELS and JOHN G. OSTHAUS, Staff Assistants

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COMMITTEE ON APPROPRIATIONS

GEORGE H. MAHON, Texas, Chairman

JAMIE L. WHITTEN, Mississippi
JOHN J. ROONEY, New York
ROBERT L. F. SIKES, Florida
OTTO E. PASSMAN, Louisiana
JOE L. EVINS, Tennessee

EDWARD P. BOLAND, Massachusetts
WILLIAM H. NATCHER, Kentucky
DANIEL J. FLOOD, Pennsylvania
TOM STEED, Oklahoma
GEORGE E. SHIPLEY, Illinois
JOHN M. SLACK, West Virginia
JOHN J. FLYNT, JR., Georgia
NEAL SMITH, Iowa

ROBERT N. GIAIMO, Connecticut
JULIA BUTLER HANSEN, Washington
JOSEPH P. ADDABBO, New York
JOHN J. MCFALL, California
EDWARD J. PATTEN, New Jersey
CLARENCE D. LONG, Maryland
SIDNEY R. YATES, Illinois
BOB CASEY, Texas

FRANK E. EVANS, Colorado
DAVID R. OBEY, Wisconsin

EDWARD R. ROYBAL, California
LOUIS STOKES, Ohio

J. EDWARD ROUSH, Indiana

GUNN MCKAY, Utah

TOM BEVILL, Alabama

EDITH GREEN, Oregon

ROBERT O. TIERNAN, Rhode Island

BILL CHAPPELL, JR., Florida

BILL D. BURLISON, Missouri

GEORGE E. EVANS
ROBERT B. FOSTER
JOHN M. GARRITY
AUBREY A. GUNNELS
CHARLES G. HARDIN
JAY B. HOWE

F. MICHAEL HUGO
THOMAS J. KINGFIELD
ROBERT L. KNISELY
RICHARD N. MALOW

MILTON B. MEREDITH

C. R. ANDERSON

ELFORD A. CEDERBERG, Michigan
JOHN J. RHODES, Arizona
WILLIAM E. MINSHALL, Ohio
ROBERT H. MICHEL, Illinois
SILVIO O. CONTE, Massachusetts
GLENN R. DAVIS, Wisconsin
HOWARD W. ROBISON, New York
GARNER E. SHRIVER, Kansas
JOSEPH M. McDADE, Pennsylvania
MARK ANDREWS, North Dakota
LOUIS C. WYMAN, New Hampshire
BURT L. TALCOTT, California
WENDELL WYATT, Oregon
JACK EDWARDS, Alabama
WILLIAM J. SCHERLE, Iowa
ROBERT C. MCEWEN, New York
JOHN T. MYERS, Indiana

J. KENNETH ROBINSON, Virginia
CLARENCE E. MILLER, Ohio
EARL B. RUTH, North Carolina
VICTOR V. VEYSEY, California
LAWRENCE COUGHLIN, Pennsylvania

KEITH F. MAINLAND, Clerk and Staff Director

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LEROY R. KIRKPATRICK

NOTE. This Surveys and Investigations supervisory staff is supplemented by selected personnel borrowed on a reimbursable basis for varying lengths of time from various agencies to staff up specific studies and investigations. The current average annual fulltime personnel equivalent is approximately 42.

GERARD J. CHOUINARD PAUL V. FARMER

SANDRA A. GILBERT EVA K. HARRIS VIRGINIA MAY KEYSER MARCIA L. MATTS

ADMINISTRATIVE SUPPORT
FRANCES MAY
GENEVIEVE A. MEALY
JANE A. MEREDITH
LAWRENCE C. MILLER
MARY ALICE SAUER
DALE M. SHULAW

AUSTIN G. SMITH RANDOLPH THOMAS BETTY A. SWANSON SHARON K. TINSLEY GEMMA M. WEIBLINGER

TREASURY, POSTAL SERVICE, AND GENERAL GOVERNMENT APPROPRIATIONS FOR FISCAL YEAR 1974

WEDNESDAY, APRIL 4, 1973.

COUNCIL OF ECONOMIC ADVISERS

WITNESSES

HERBERT STEIN, CHAIRMAN

MARINA V. N. WHITMAN, MEMBER

GARY L. SEEVERS, SPECIAL ASSISTANT TO THE CHAIRMAN
JAMES H. AYRES, ADMINISTRATIVE OFFICER

NANCY F. SKIDMORE, BUDGET OFFICER

Mr. STEED. The committee will be in order. The committee is in session this afternoon to take up the budget request for the Council of Economic Advisers. The 1973 appropriation was $1,369,000. The budget request for 1974 is $1,376,000, an increase of $7,000.

We are pleased to have with us this afternoon Chairman Stein of the Council, and Mrs. Whitman.

Mr. Chairman, we welcome you to the committee and we are pleased to have you. We are sorry that we have had some scheduling difficulties, but you know how it is these days with so many things to be taken care of. We do appreciate very much your patience and cooperation. If you would like to identify any other people with you, then we will be happy to have whatever statement you would like to

make.

Mr. STEIN. Thank you very much, Mr. Chairman and members of the committee.

In addition to Mrs. Whitman and myself, we have here Mr. Gary Seevers, who is the special assistant to the chairman of the Council; Mr. James Ayres, who is our administrative officer; and Mrs. Nancy Skidmore, who is our budget officer.

We have a very short statement, as befits a very small budget, and I should say that we also have a scheduling problem as a result of the fact that a meeting which had previously been scheduled at the Treasury at 4:30, has been moved up to 3:30. We would hope that we might finish in time to get up there.

In any case, let me insert the biographical sketches in the record and read this brief statement.

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