Reorganization Plan No. 9 of 1953 (Council of Economic Advisers): Hearings Before a Special Subcommittee on the Committee on Government Operations, House of Representatives, Eighty-third Congress, First Session, on H. Res. 263, July 14 and 17, 1953

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U.S. Government Printing Office, 1953 - 22 pages

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Page 2 - ... to coordinate and utilize all its plans, functions, and resources, for the purpose of creating and maintaining, in a manner calculated to foster and promote free competitive enterprise and the general welfare, conditions under which there will be afforded useful employment opportunities including self-employment, for those able, willing and seeking to work...
Page 2 - Advisers. Our needs for proper advice on economic matters are equaled only by our needs to have the very best advice and planning on matters of national security. In taking these actions. I have the benefit of the study...
Page 3 - In order to make the work of the Council of Economic Advisers more effective at the top policy level of the executive branch, I am also asking the heads of several departments and agencies, or the representatives they may designate, to serve as an Advisory Board on Economic Growth and Stability, under the chairmanship of the Chairman of the Council of Economic Advisers. At all times, close liaison must be maintained by the...
Page 2 - ... plan provides changes which strengthen the internal administration of the Council and clarify its relationships with the President. To achieve the first objective — strengthened internal administration — the reorganization plan will make the Chairman of the Council, rather than the whole Council, responsible for certain administrative functions of the Council. Because the Council is essentially an advisory body, these administrative functions relate principally to managing the staff employed...
Page 2 - ... receive steadily rising incomes In a dollar of stable value. It means a humane economy — to the end that the aged, infirm, and those suffering hardships receive every needed help. The achievement and preservation of a strong economy — an economy that Is progressive as well as competitive, an economy that remains free from the distortions of Inflation and the ravages of depression, an economy that forms the solid foundation for the flourishing of our democratic, social, and political institutions...
Page 3 - Monetary and Financial Problems. It is contemplated that the Advisory Board on Economic Growth and Stability, supported by the existing staffs of the various departments and agencies, will meet frequently, and through its Chairman will keep me closely informed about the state of the national economy and the various measures necessary to aid in maintaining a stable prosperity.
Page 3 - ... including the size and character of the fleet under the US flag, the need for Government assistance, and requirements for appropriations to support subsidy programs. Furthermore, the placing of these functions in the Secretary of Commerce will assure essential supervision and review of subsidy awards.
Page 7 - Well, then, in that case," the chairman-designate replied, "much would depend on the chairman, would it not? A sensible chairman who knows how to work with people would try to bring about agreement." McCormack: "I think that is correct. All of us in Congress have our experiences along such lines.
Page 7 - ... colleagues' important dissents will reach the presidential — if not the public — ear. In the hearing on the reorganization plan before a subcommittee of the House Committee on Government Operations, a Democratic member, Representative John W. McCormack of Massachusetts, asked Dr. Burns : ". . . but suppose there is disagreement between the chairman and the other members; what then?
Page 2 - The functions vested in the Council of Economic Advisers by section 4 (b) of the Employment Act of 1946 (60 Stat. 24), and so much of the functions vested in the Council by section 4 (c) of that Act as consists of reporting to the President with respect to any function of the Council under the said section 4 (c), are hereby transferred to the Chairman of the Council of Economic Advisers. The...

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