Administration Proposal to Increase Public Debt Ceiling: Hearings, Ninety-third Congress, First Session ... October 18, 1973
U.S. Government Printing Office, 1973 - Debts, Public - 112 pages
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accounts action Administration Agency amended amount appropriated authority balance believe benefits bill billion bonds budget Chairman changes claims commitments committee Congress consider contingency contracts cost course debt ceiling debt limit Defense deficit Department dollars economic effect estimate expenditures Federal funds figure fiscal going Government guarantees held hold Housing included income increase Insurance Fund interest issue January July June 30 legislation less liabilities LIBRARY limit loans look Minimum Tax months Note obligations Office operations outlays payments percent period present President problem projects proposal question raise reason receipts recommend record Represents request reserve savings schedule SCHNEEBELI Secretary SHULTz Sept Service social security spending statement surplus tax reform Thank thing Treasury trust fund ULLMAN United VANIK Veterans
Page 22 - In apportioning any appropriation, reserves may be established to provide for contingencies, or to effect savings whenever savings are made possible by or through changes in requirements, greater efficiency of operations, or other developments subsequent to the date on which such appropriation was made available.
Page 24 - USC 665) , is amended to read as follows : "(2) In apportioning any appropriation, reserves may be established solely to provide for contingencies, or to effect savings whenever savings are made possible by or through changes in requirements or greater efficiency of operations.
Page 59 - We, of course. had a tremendous surge in real output of the economy in the fourth quarter of 1972 and the first quarter of 1973, a surge that exceeded the expectations, I think, of the vast majority of people who were observing this process.
Page 85 - Federal old-age and survivors insurance trust fund, Federal disability Insurance trust fund, highway trust fund, railroad retirement account...
Page 107 - Congress shall have power to lay and collect taxes, duties, imposts and excises, and to pay the debts and provide for the common defence and general welfare of the United States.
Page 44 - Act, 1966, made provision for terminating Interest after June 30, 1964, on the portion of the Corporation's borrowings from the Treasury equal to the unreimbursed realized losses recorded on the books of the Corporation after the end of the fiscal year In which such losses are realized.
Page 86 - Philippine religious organizations which had rendered aid to American personnel. Thus that act constituted a congressional disposition of the German and Japanese assets vested under the Trading With the Enemy Act during World War II. Furthermore, that act, in effect, gave confirmation to the reparation program set forth in the Paris Reparation Agreement by devoting German external assets to the satisfaction of American war claims. The Attorney General has already covered into the Treasury a total...
Page 108 - ... for these purposes by the Department of Agriculture, have revolutionized agriculture in our country; a somewhat similar program of research and experimentation, coupled with a strong emphasis on demonstration of the results, might make a similar improvement in our educational system. Mr. Chairman, I would like to emphasize that the suggestions I have made here would amount only to technical changes in this excellent legislation. I believe the proposed changes are in line with the general purpose...
Page 93 - I think we have to face up to the fact that we are talking about spending money, so we have to be talking about raising the money.
Page 85 - Construction contractors' suits totaling about $10.1 million were pending against local housing authorities. Any payment by the local housing authorities arising from these suits will result in additional project development costs and an increase in the PHA's annual contributions.