Administration Proposal to Increase Public Debt Ceiling: Hearings, Ninety-third Congress, First Session ... October 18, 1973 |
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Page 1
... represent them where they have the same general interest . Any interested person or organiza- tion desiring to do so many file a written statement for inclusion in the printed record of the hearing in lieu of a personal appearance . The ...
... represent them where they have the same general interest . Any interested person or organiza- tion desiring to do so many file a written statement for inclusion in the printed record of the hearing in lieu of a personal appearance . The ...
Page 19
... representing the administration's point of view . When these commitments are made they are made in the name of the Government but they are also being made with the approval of the administration . Then when the administra- tion comes in ...
... representing the administration's point of view . When these commitments are made they are made in the name of the Government but they are also being made with the approval of the administration . Then when the administra- tion comes in ...
Page 55
... represent the principle that we should employ in our armed serv- ices because , as we all know , before the time of an all - volunteer force , there was a hidden and very enormous tax , implicit tax , imposed on those who were drafted ...
... represent the principle that we should employ in our armed serv- ices because , as we all know , before the time of an all - volunteer force , there was a hidden and very enormous tax , implicit tax , imposed on those who were drafted ...
Page 67
... represents yesterday's tabulations . Mr. ULLMAN . Without objection , we will put that in the record . It does indicate some significant progress . [ The table follows : ] CLOSING PRICES , TO DATE , COMPARED WITH AVERAGE CLOSING 67.
... represents yesterday's tabulations . Mr. ULLMAN . Without objection , we will put that in the record . It does indicate some significant progress . [ The table follows : ] CLOSING PRICES , TO DATE , COMPARED WITH AVERAGE CLOSING 67.
Page 71
... represented national debt , and can you give us at this time any ball park figures as to what the contingent liability of the U.S. Government is ? Secretary SHULTZ . I think Mr. Volcker can respond to that . Mr. VOLCKER . We , in effect ...
... represented national debt , and can you give us at this time any ball park figures as to what the contingent liability of the U.S. Government is ? Secretary SHULTZ . I think Mr. Volcker can respond to that . Mr. VOLCKER . We , in effect ...
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Common terms and phrases
_do_ $5 billion accounts actuarial Agency securities Agriculture Al Ullman amended amount appropriated ARCHER authority balanced budget benefits BROYHILL budgetary cash Chairman changes claims commitments committee CONABLE CONGRES CONGRESS THE LIBRARY contingency CORMAN Corporation cost debt ceiling bill debt limit Defense deficit Department dollars economic effect expenditures Federal funds Federal Housing Administration Federal Insurance Administration fiscal year 1974 going GRIFFITHS guarantees Housing and Urban increase Insurance Fund interest rates issue July July 27 June 29 June 30 legislation liabilities LIBRARY OF CONGRESS loans Minimum Tax National Note of Administrator November 30 OCTOBER 18 outlays payments percent President proposal public debt securities receipts request Reuss savings bonds schedule SCHNEEBELI Secretary SHULTZ Sept Service social security system spending statement Subtotal surplus tax reform taxpayers temporary Thank tion Total Treasury ULLMAN unified budget VANIK Veterans veto VOLCKER WAGGONNER
Popular passages
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.