Description: Economic report for the US on the GNP, unemployment, interest rates, monetary policy, inflation and wage/price controls. Report of President Nixon's speech on the economy in which he categorised inflation as the major problem confronting the US and his Administration's policies for dealing with it. Report on US Budgetary Procedures and President Ford signing into law the Congressional Budget and Impoundment Control Act and the Cost of Living Task Force which would be chaired by the President's Economic Counsellor Kenneth Rush, with the Chairman of the Council of Economic Advisers as Vice-Chairman. Excerpts from Ambassador William D. Eberle's, Executive Director of President Nixon's Council on International Economic Policy, Statement on Solving Economic problems on an International Scale. Text from a press conference of Kenneth Rush Counsellor to the President for Economic policy. Memorandum on the role of Central Banks in Financing Oil Deficits. Included is a document titled "Executive Branch Organization for international economic policy" by the Committee on Finance United States Senate, Russell B. Long, Chairman which contents include: Council on International Economic Policy; the relationship between the Council on International Economic Policy and the National Security Council; Economic "Troika" and "Quadriad"; the National Advisory Council on International Monetary and Financial Policies (NAC); the "Volcker" Group; Interagency Trade Organization.
