IFORM NIVERSIT LIFORNIA ALIFORNIA UNIVERSIT UNIVERSITY OF CALIFORNIA UNIVERSITY OF CALIFORNIA UNIVERSITY OF CALIFORNIA UNIVERSITY OF CALIFORNIA UNIVERSITY OF CALIFORNIA UNIVERSIT UNIVERSITY OF CALIFORNIA UNIVERSITY CALIFORNIA Law LIBRARY BERKELE LIBRARY LALIFORNIA UNIVERSITY SITY OF CALIFORNIA UNIVERSITY OF CA RSITY OF CALIFORNIA LIBRARY SITY OF CALIFORNIA THE ECONOMY AND FISCAL POLICY, 1974 43-891 HEARINGS BEFORE THE COMMITTEE ON THE BUDGET UNITED STATES SENATE NINETY-THIRD CONGRESS SECOND SESSION DECEMBER 11, 12, 17, 18, AND 19, 1974 Printed for the use of the Committee on the Budget U.S. GOVERNMENT PRINTING OFFICE WASHINGTON: 1975 Eckstein, Dr. Otto, professor of economics, Harvard University. Okun, Dr. Arthur, senior fellow, Brookings Institution__. Weidenbaum, Prof. Murray, Mallinckrodt distinguished university profes- Ash, Hon. Roy L., Director of Office of Management and Budget, accom- panied by Dale McOmber, Assistant Director, and Robert Bonitati, Simon, Hon. William E., Secretary of the Treasury; accompanied by Edgar R. Fiedler, Assistant Secretary for Economic Policy; and Sidney L. Davidson, Dr. Paul, professor of economics and associate director of the Bureau of Economic Research, Rutgers University, New Brunswick, Schultze, Charles L., former Director of the Bureau of the Budget and senior fellow at the Brookings Institution___ Staats, Elmer B., Comptroller General of the United States, accompanied by Robert F. Keller, Deputy Comptroller General; Phillip S. Hughes, Assistant Comptroller General; Milton J. Socolar, Deputy General Coun- Ash, Hon. Roy L., Director of the Office of Management and Budget, accom- Davidson, Dr. Paul, professor of economics and associate director of the Bureau of Economic Research, Rutgers University, New Brunswick, (III) 49 |