August review of the 1968 budget: Hearing, Ninetieth Congress, first session
Reviews Federal expenditures in an effort to develop budget forecasts to be used by Congress in exercising its fiscal responsibility and policy formation obligations.
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$2 billion additional administrative budget expenditures amount appropriation bills borrowing Budget Director Chairman PROXMIRE changes civilian expenditures Commodity Credit Corporation Congress congressional action contingencies corporate costs debt defense expenditures Deferral or cutback deficit economy effective date expendi expenditure effect expenditure reduction facilities Federal figure fiscal policy fiscal year 1968 FNMA food stamp programs going higher House House Appropriations Committee income tax interest rates January estimate Joint Economic Committee last January loans major medicare military money market offset participation certificates participation sales pay raise payments percent personal income President President's priorities Program level question reallocation of formula receipts recommendations Reestimates Representative MOORHEAD Representative REUSS Representative WIDNALL revenue SCHULTZE Senator JAVITS Senator MILLER Senator PERCY Senator SPARKMAN Service spending Stop reallocation substantial supersonic transport sure tax increase tax proposals tax surcharge tion Treasury trust funds Vietnam