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THE BUDGET FOR FISCAL 1974
3SHIFTING FROM INCOME TAX DEDUCTIONS
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89th Congress action actual administration Agency and Program American Enterprise Institute annual authorizations annual rate appropriations bills appropriations committees appropriations process backdoor benefits billion in 1974 budget authority budget process calendar changes congressional consumer price index control period control program costs cutbacks deficit effective Estimated Agency evaluation executive branch expenditure federal budget Federal funds Federal Reserve System financing fiscal policy fiscal year 1974 forecast freeze Gordon model high-energy astronomy House income tax Incomes Policy inflationary expectations labor loans major ment mittees percentage Personal Deductions Phase political present President President's price and wage Price Commission price index PROJECTED OUTLAY SAVINGS proposed rate of inflation receipts reduced result revenue sharing rise scorecard shift spending ceiling subcommittee subsidy Table tax credit tax reform taxpayers tion Treasury Trust funds U.S. Congress U.S. Government Printing unemployment wages and prices Washington wholesale price index