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

HEARINGS

BEFORE A

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SUBCOMMITTEE OF THE
COMMITTEE ON APPROPRIATIONS
HOUSE OF REPRESENTATIVES

NINETY-THIRD CONGRESS

FIRST SESSION

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SUBCOMMITTEE ON THE TREASURY, POSTAL SERVICE, AND

GENERAL GOVERNMENT APPROPRIATIONS

TOM STEED, Oklahoma, Chairman
JOSEPH P. ADDABBO, New York

HOWARD W. ROBISON, New York
EDWARD R. ROYBAL, California

JACK EDWARDS, Alabama
LOUIS STOKES, Ohio

JOHN T. MYERS, Indiana
TOM BEVILL, Alabama

CLARENCE E. MILLER, Ohio
GEORGE E. SHIPLEY, Illinois
JOHN M. SLACK, West Virginia

AUBREY A. GONNELS and JOHN G. OSTHAUS, Staf Assistants

PART 3

EXECUTIVE OFFICE OF THE PRESIDENT

Printed for the use of the Committee on Appropriations

U.S. GOVERNMENT PRINTING OFFICE

WASHINGTON : 1973

94-122 0

COMMITTEE ON APPROPRIATIONS

GEORGE H. MAHON, Texas, Chairman JAMIE L. WHITTEN, Mississippi

ELFORD A. CEDERBERG, Michigan JOHN J. ROONEY, New York

JOHN J. RHODES, Arizona ROBERT L. F. SIKES, Florida

WILLIAM E. MINSHALL, Ohio OTTO E. PASSMAN, Louisiana

ROBERT H. MICHEL, Illinois JOE L. EVINS, Tennessee

SILVIO O. CONTE, Massachusetts EDWARD P. BOLAND, Massachusetts GLENN R. DAVIS, Wisconsin WILLIAM H. NATCHER, Kentucky

HOWARD W. ROBISON, New York DANIEL J. FLOOD, Pennsylvania

GARNER E. SHRIVER, Kansas TOM STEED, Oklahoma

JOSEPH M. McDADE, Pennsylvania GEORGE E. SHIPLEY, Illinois

MARK ANDREWS, North Dakota JOHN M. SLACK, West Virginia

LOUIS C. WYMAN, New Hampshire JOHN J. FLYNT, JR., Georgia

BURT L. TALCOTT, California NEAL SMITH, Iowa

WENDELL WYATT, Oregon ROBERT N. GIAIMO, Connecticut

JACK EDWARDS, Alabama JULIA BUTLER HANSEN, Washington WILLIAM J. SCHERLE, Iowa JOSEPH P. ADDABBO, New York

ROBERT C. MCEWEN, New York JOHN J. McFALL, California

JOHN T. MYERS, Indiana EDWARD J. PATTEN, New Jersey

J. KENNETH ROBINSON, Virginia CLARENCE D. LONG, Maryland

CLARENCE E. MILLER, Ohio SIDNEY R. YATES, Illinois

EARL B. RUTH, North Carolina BOB CASEY, Texas

VICTOR V. VEYSEY, California FRANK E. EVANS, Colorado

LAWRENCE COUGHLIN, Pennsylvania 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 0. TIERNAN, Rhode Island BILL CHAPPELL, JR., Florida BILL D, BURLISON, Missouri

KEITH F. MAINLAND, Olerk and Staff Director

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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.

ADMINISTRATIVE SUPPORT

GERARD J. CHOUINARD
PAUL V. FARMER
SANDRA A. GILBERT
Eva K. HARRIS
VIRGINIA MAY KEYSER
MARCIA L. MATTS

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

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

TREASURY, POSTAL SERVICE, AND GENERAL GOVERN

MENT 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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