Administration Proposal to Increase Public Debt Ceiling: Hearings, Ninety-third Congress, First Session ... October 18, 1973 |
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Page 5
... holds in the public mind . I believe the most straight forward approach for the Congress to this problem would be simply to remove the ceiling on savings bonds rates , to provide in this area the same flexibility that we have for market ...
... holds in the public mind . I believe the most straight forward approach for the Congress to this problem would be simply to remove the ceiling on savings bonds rates , to provide in this area the same flexibility that we have for market ...
Page 9
... hold the line on spending . One thing is certain , however : we will have to work at it . A balanced budget will not come easily . RECEIPTS In June , budget receipts for 1974 were estimated at $ 266 billion . Since then , prices have ...
... hold the line on spending . One thing is certain , however : we will have to work at it . A balanced budget will not come easily . RECEIPTS In June , budget receipts for 1974 were estimated at $ 266 billion . Since then , prices have ...
Page 59
... hold spending down . There were many who were urging a year ago last summer that it was a mistake to hold spending down , that the economy still needed stimulus and so forth . I think that certainly has proven to be wrong . The basic ...
... hold spending down . There were many who were urging a year ago last summer that it was a mistake to hold spending down , that the economy still needed stimulus and so forth . I think that certainly has proven to be wrong . The basic ...
Page 82
... holds $ 717,000,000 of public debt securities . Funds appropriated to the President : Overseas Private Invest- ment Corporation . $ 3,904 $ 3,449 Department of Agriculture : Federal Crop Insurance Corporation . 791 Department of ...
... holds $ 717,000,000 of public debt securities . Funds appropriated to the President : Overseas Private Invest- ment Corporation . $ 3,904 $ 3,449 Department of Agriculture : Federal Crop Insurance Corporation . 791 Department of ...
Page 83
... holds $ 717,000,000 of public debt securities . 28,040 This fund holds $ 6,155,000 of public debt securities , and $ 131,000,000 of participation certificates . 1 , 162 5,340 This fund holds $ 321,000,000 of public debt securities ...
... holds $ 717,000,000 of public debt securities . 28,040 This fund holds $ 6,155,000 of public debt securities , and $ 131,000,000 of participation certificates . 1 , 162 5,340 This fund holds $ 321,000,000 of public debt securities ...
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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.