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    "title": "Ford Press Releases - Economic, 1972-1973",
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    "ocrText": "The original documents are located in Box D7, folder \"Ford Press Releases - Economic,\n1972-1973\" of the Ford Congressional Papers: Press Secretary and Speech File at the\nGerald R. Ford Presidential Library.\nCopyright Notice\nThe copyright law of the United States (Title 17, United States Code) governs the making of\nphotocopies or other reproductions of copyrighted material. The Council donated to the United\nStates of America his copyrights in all of his unpublished writings in National Archives collections.\nWorks prepared by U.S. Government employees as part of their official duties are in the public\ndomain. The copyrights to materials written by other individuals or organizations are presumed to\nremain with them. If you think any of the information displayed in the PDF is subject to a valid\ncopyright claim, please contact the Gerald R. Ford Presidential Library.\nDistribution Full\nQ office Copy\nNEWS\nCONGRESSMAN\nGERALD R. FORD\nHOUSE REPUBLICAN LEADER\nRELEASE\n--FOR IMMEDIATE RELEASE--\nJanuary 24, 1972\nStatement by Rep. Gerald R. Ford, placed in the Congressional Record of Monday,\nJanuary 24, 1972\nMR. SPEAKER:\nPresident Nixon's fiscal 1973 budget message outlines a balanced, positive\nand constructive program to heal the economic wounds of war and deal with this\nnation's pressing domestic problems. Although it is a deficit budget, it is a\ndeficit budget aimed at restoring our economy to full employment and maximizing\nthe output of our industrial resources. That is what the American people want.\nI think it is especially gratifying to learn that the American public will\nbe saved some $22 billion due to personal income tax reductions initiated by the\nPresident. There are those who only talk about returning power to the people.\nThe evidence shows that President Nixon is doing something about it -- by seeking\nto restore to the American people the control over their purse that they should\nhave, the control they should never have lost.\nWe can expect to hear the usual cries of derision from the President's\nopponents. Yet it is they who brought this nation to the brink of economic\ncollapse. The American people know who is ending the runaway inflation of the\nJohnson Administration and replacing the phony prosperity of war with the permanent\nprosperity of peace.\n###\nGERALD FORD VIBRARY\nDigitized from Box D7 of the Ford Congressional Papers: Press Secretary and Speech File at the Gerald R. Ford Presidential Library\nNEWS\nCONGRESSMAN\nGERALD R. FORD\nHOUSE REPUBLICAN LEADER\nRELEASE\n--FOR IMMEDIATE RELEASE--\nJanuary 24, 1972\nStatement by Rep. Gerald R. Ford, placed in the Congressional Record of Monday,\nJanuary 24, 1972\nMR. SPEAKER:\nPresident Nixon's fiscal 1973 budget message outlines a balanced, positive\nand constructive program to heal the economic wounds of war and deal with this\nnation's pressing domestic problems. Although it is a deficit budget, it is a\ndeficit budget aimed at restoring our economy to full employment and maximizing\nthe output of our industrial resources. That is what the American people want.\nI think it is especially gratifying to learn that the American public will\nbe saved some $22 billion due to personal income tax reductions initiated by the\nPresident. There are those who only talk about returning power to the people.\nThe evidence shows that President Nixon is doing something about it - by seeking\nto restore to the American people the control over their purse that they should\nhave, the control they should never have lost.\nWe can expect to hear the usual cries of derision from the President's\nopponents. Yet it is they who brought this nation to the brink of economic\ncollapse. The American people know who is ending the runaway inflation of the\nJohnson Administration and replacing the phony prosperity of war with the permanent\nprosperity of peace.\n###\nGalleries E Fifth Dist. Dailies\n\"Killed\" upcorrection below\n0 Office Copy\nNEWS\nCONGRESSMAN\nGERALD R. FORD\nHOUSE REPUBLICAN LEADER\nRELEASE\n--FOR IMMEDIATE RELEASE--\nMarch 23, 1972\nStatement by Rep. Gerald R. Ford\nIt is important that there be as much labor representation as possible on\nthe Pay Board. I commend Teamsters President Frank E. Fitzsimmons for deciding to\nstay on the board and I hope that UAW President Leonard Woodcock will remain. I\nalso commend the President for continuing the Pay Board with proportional business\nand labor membership.\nIt is in organized labor's best interests to be represented on the Pay Board\nsince the board is, after all, engaged in making decisions affecting the rank-and-\nfile worker. It is far better for labor leaders to participate in those decisions\nthan to stand on the sidelines and then seek to sabotage the decisions after they\nhave been made.\nFighting inflation is every American's responsibility. Those who abdicate\nthat responsibility are hurting the Nation, those they represent and themselves.\n###\nGERALD FORD LIBRARY\nFull Distribution\nO Office Capy\nCONGRESSMAN\nNEWS\nGERALD R. FORD\nHOUSE REPUBLICAN LEADER\nRELEASE\n--FOR IMMEDIATE RELEASE--\nJuly 26, 1972\nStatement by Rep. Gerald R. Ford, Minority Leader, U.S. House of Representatives.\nThe President has spoken out at just the right time and has taken just the\nright tone in appealing now for Congress to exercise spending restraint.\nI personally take heart from the fact that the House last week turned down\nthe $5 billion pork barrel bill thrust upon us by a House Banking and Currency\nCommittee majority. Rejection of that bill was a victory for fiscal responsibility\nand the taxpayer and a defeat for politics as usual.\nI join with the President in urging my colleagues in the Congress to hold\nexpenditures this fiscal year to the level proposed in the budget.\nTo do so will be to strike a blow against inflation and in favor of fiscal\nsoundness.\n###\nCONGRESSMAN\nNEWS\nGERALD R. FORD\nHOUSE REPUBLICAN LEADER\nRELEASE\n-FOR IMMEDIATE RELEASE-\nJuly 26, 1972\nStatement by Rep. Gerald R. Ford, Minority Leader, U.S. House of Representatives.\nThe President has spoken out at just the right time and has taken Just the\nright tone in appealing now for Congress to exercise spending restraint.\nI personally take heart from the fact that the House last week turned down\nthe $5 billion pork barrel bill thrust upon us by a House Banking and Currency\nCommittee majority. Rejection of that bill was a victory for fiscal responsibility\nand the taxpayer and a defeat for politics as usual.\nI join with the President in urging my colleagues in the Congress to hold\nexpenditures this fiscal year to the level proposed in the budget.\nTo do so will be to strike a blow against inflation and in favor of fiscal\nsoundness.\n###\nNEWS\nCONGRESSMAN\nGERALD R. FORD\nHOUSE REPUBLICAN LEADER\nRELEASE\n--FOR RELEASE AT 12 NOON--\nAugust 2, 1972\nRemarks by Rep. Gerald R. Ford, Republican Leader, U.S. House of Representatives,\nprepared for delivery on the floor of the House Wednesday, August 2, 1972.\nMr. Speaker, of late there has been speculation as to when price and wage\ncontrols would end. I submit that such speculation is premature. It will take\nsome time before our control objectives are fully realized.\nHowever, let me emphasize that our price and wage controls are working\ndespite the fact they are limited in nature and that enforcement does not require\na huge bureaucracy.\nI say they are working because the facts show that the rate of inflation\nhas greatly slackened during the nearly 12 months that controls have been in\neffect.\nWe have experienced a decline of about 30 per cent in the rate of increase\nin consumer prices when we compare the control period with the period in 1971\nbefore the freeze. The rate of increase of consumer prices has declined from\n4.7 per cent to 2.2 per cent from the 2nd quarter of 1971 to the 2nd quarter of\n1972. At the same time we have seen a rapid rise in production, employment and\nproductivity. I believe price and wage controls contributed to that marked\nimprovement in the economy.\nMost importantly, real spendable weekly wages began to rise in 1971, and\nthe rate of rise has quickened over the past four quarters. For the average\nproduction worker in the private nonfarm economy, the increase over a year ago\nis 4.1 per cent. That compares with an average annual increase of 1.3 per cent\nfrom 1960 to 1968.\nMr. Speaker, the Administration's system of price and wage controls is\nworking--and as a result the financial well-being of the American working man\nis much improved.\n######\nLIBRARY GERALD 1\nFull Distribution\nOffice Copy\nCONGRESSMAN\nNEWS\nGERALD R. FORD\nHOUSE REPUBLICAN LEADER\nRELEASE\nFOR RELEASE AT 12 NOON THURSDAY-\nAugust 10, 1972\nStatement by Rep. Gerald R. Ford\nI have today reintroduced with many additional cosponsors the spending\nceiling bill originally tossed in the hopper on July 27 by Rep. Frank Bow, senior\nRepublican on the House Appropriations Committee. Names on the bill now number 130.\nThe fact that 130 members of the House have cosponsored this legislation\nindicates strong support for an absolute limit of $250 billion on fiscal 1973\nspending. The President has made a strong case for such a spending ceiling. The\nCongress must demonstrate a sense of responsibility by endorsing it.\nIt is understandable that Congress, working on the budget in bits and pieces,\ninvariably winds up with a total spending chart substantially exceeding that which\nthe country can afford.\nThe best answer to such excessive spending is to clap a lid on total\nspending in any fiscal year in which Federal outlays threaten the fiscal soundness\nof the Nation. The best way to keep the lid on is to hand the President the\nresponsibility for fitting spending under the ceiling.\nThe issue is especially urgent in this fiscal year when burgeoning Federal\nspending poses the distinct danger of sharply renewed inflation, an upsurge in\nconsumer prices.\nThe entire Republican leadership of the House is behind the $250 billion\nspending ceiling. The necessity for the ceiling is dramatized by the fact that\nappropriations and legislative action by the House and Senate already would boost\nspending $15.8 billion over the President's budget requests.\n###\nCONGRESSMAN\nNEWS\nGERALD R. FORD\nHOUSE REPUBLICAN LEADER\nRELEASE\n--FOR RELEASE AT 12 NOON THURSDAY-\nAugust 10, 1972\nStatement by Rep. Gerald R. Ford\nI have today reintroduced with many additional cosponsors the spending\nceiling bill originally tossed in the hopper on July 27 by Rep. Frank Bow, senior\nRepublican on the House Appropriations Committee. Names on the bill now number 130.\nThe fact that 130 members of the House have cosponsored this legislation\nindicates strong support for an absolute limit of $250 billion on fiscal 1973\nspending. The President has made a strong case for such a spending ceiling. The\nCongress must demonstrate a sense of responsibility by endorsing it.\nIt is understandable that Congress, working on the budget in bits and pieces,\ninvariably winds up with a total spending chart substantially exceeding that which\nthe country can afford.\nThe best answer to such excessive spending is to clap a lid on total\nspending in any fiscal year in which Federal outlays threaten the fiscal soundness\nof the Nation. The best way to keep the lid on is to hand the President the\nresponsibility for fitting spending under the ceiling.\nThe issue is especially urgent in this fiscal year when burgeoning Federal\nspending poses the distinct danger of sharply renewed inflation, an upsurge in\nconsumer prices.\nThe entire Republican leadership of the House is behind the $250 billion\nspending ceiling. The necessity for the ceiling is dramatized by the fact that\nappropriations and legislative action by the House and Senate already would boost\nspending $15.8 billion over the President's budget requests.\n###\nFull Distribution\nO Office Copy\nCONGRESSMAN\nNEWS\nGERALD R. FORD\nHOUSE REPUBLICAN LEADER\nRELEASE\n--FOR IMMEDIATE RELEASE--\nOctober 18, 1972\nStatement by Rep. Gerald R. Ford\nLast night Sen. George McGovern returned to the Senate from the\nPresidential campaign trail to vote against a $250 billion limitation on fiscal\n1973 spending.\nLast week Sen. McGovern stayed away from the Senate while northern liberal\nDemocrats filibustered to death President Nixon's bill to lay down guidelines\nfor the courts and make busing for racial balance a last resort device, restricted\nto busing a pupil no farther than the school second nearest a student's home.\nAt the time that McGovern stayed away from the Senate debate on busing, he declared\nin Detroit \"there is not one thing that either Nixon or I can do to stop those\nbuses from rolling.\"\nGeorge McGovern refuses to put a lid on Federal spending, and George\nMcGovern refuses to do anything to prevent forced busing to achieve racial balance.\nThese two actions make it unmistakably clear that George McGovern would be\na pro-busing President and a fiscally irresponsible President if by some\nhorrendous mischance he were elected on Nov. 7.\n###\nCONGRESSMAN\nNEWS\nGERALD R. FORD\nHOUSE REPUBLICAN LEADER\nRELEASE\n--FOR IMMEDIATE RELEASE--\nOctober 18, 1972\nStatement by Rep. Gerald R. Ford\nLast night Sen. George McGovern returned to the Senate from the\nPresidential campaign trail to vote against a $250 billion limitation on fiscal\n1973 spending.\nLast week Sen. McGovern stayed away from the Senate while northern liberal\nDemocrats filibustered to death President Nixon's bill to lay down guidelines\nfor the courts and make busing for racial balance a last resort device, restricted\nto busing a pupil no farther than the school second nearest a student's home.\nAt the time that McGovern stayed away from the Senate debate on busing, he declared\nin Detroit \"there is not one thing that either Nixon or I can do to stop those\nbuses from rolling.\"\nGeorge McGovern refuses to put a lid on Federal spending, and George\nMcGovern refuses to do anything to prevent forced busing to achieve racial balance.\nThese two actions make it unmistakably clear that George McGovern would be\na pro-busing President and a fiscally irresponsible President if by some\nhorrendous mischance he were elected on Nov. 7.\n###\nFull Distribution\nOffice\nCONGRESSMAN\nNEWS\nGERALD R. FORD\nHOUSE REPUBLICAN LEADER\nRELEASE\n--FOR IMMEDIATE RELEASE--\nJanuary 11, 1973\nI am pleased that the President has acted to move the country beyond\nPhase II of the price and wage control program to a new type of program which is\nself-administering and based on voluntary compliance. His timing is excellent,\ngiven the progress we have made thus far in achieving economic stability and proper\neconomic growth.\nI think the new program has a good chance of success, considering the\nwillingness of both labor and management to participate fully in the implementation\nand operation of Phase III. The support expressed by both labor and management\nindicates that both groups believe the plan to be equitable.\nIn my opinion, Phase III substantially accommodates the views advanced by\nlabor leaders during the consultation process. I understand they have expressed\ntheir willingness to comply voluntarily with an appropriate type of program.\nI would emphasize that the new price and wage control system is directed\nat plugging up holes in the existing program, since it will include stepped-up\nefforts to control food prices and medical costs.\nThe special emphasis that Phase III places on moderating food price behavior\nshould be good news to the housewife. In addition to the maintenance of mandatory\ncontrols on food processors and retailers, a new Cost of Living Council Committee\non Food has been created. The Committee on Food will work closely with the\nDepartment of Agriculture to ensure that specific decisions as well as reforms in\nthe farm programs fully accommodate the need to elicit increased supplies to meet\nconsumer demand. This special emphasis on consumer food prices is vital in view\nof the recent upsurge in food prices at the wholesale level.\nFinally, I endorse the President's goal of getting the rate of inflation\ndown to 2.5 per cent or less by the end of 1973. This is an ambitious goal but\nnot an unreasonable one. I think we can make it.\n# # #\nGERALD LISAREY\nCONGRESSMAN\nNEWS\nGERALD R. FORD\nHOUSE REPUBLICAN LEADER\nRELEASE\n--FOR IMMEDIATE RELEASE--\nJanuary 11, 1973\nI am pleased that the President has acted to move the country beyond\nPhase II of the price and wage control program to a new type of program which is\nself-administering and based on voluntary compliance. His timing is excellent,\ngiven the progress we have made thus far in achieving economic stability and proper\neconomic growth.\nI think the new program has a good chance of success, considering the\nwillingness of both labor and management to participate fully in the implementation\nand operation of Phase III. The support expressed by both labor and management\nindicates that both groups believe the plan to be equitable.\nIn my opinion, Phase III substantially accommodates the views advanced by\nlabor leaders during the consultation process. I understand they have expressed\ntheir willingness to comply voluntarily with an appropriate type of program.\nI would emphasize that the new price and wage control system is directed\nat plugging up holes in the existing program, since it will include stepped-up\nefforts to control food prices and medical costs.\nThe special emphasis that Phase III places on moderating food price behavior\nshould be good news to the housewife. In addition to the maintenance of mandatory\ncontrols on food processors and retailers, a new Cost of Living Council Committee\non Food has been created. The Committee on Food will work closely with the\nDepartment of Agriculture to ensure that specific decisions as well as reforms in\nthe farm programs fully accommodate the need to elicit increased supplies to meet\nconsumer demand. This special emphasis on consumer food prices is vital in view\nof the recent upsurge in food prices at the wholesale level.\nFinally, I endorse the President's goal of getting the rate of inflation\ndown to 2.5 per cent or less by the end of 1973. This is an ambitious goal but\nnot an unreasonable one. I think we can make it.\n# # #\nGERALD FORD LIBRARY\nHouse Galleries only.\nOffice Copy\nNEWS\nCONGRESSMAN\nGERALD R. FORD\nHOUSE REPUBLICAN LEADER\nRELEASE\n--FOR RELEASE AT 12 NOON THURSDAY--\nFebruary 22, 1973\nStatement by House Republican Leader Gerald R. Ford\nCongress should respond with the greatest sense of urgency\nto the President's recommendations concerning the economy.\nThis means the Congress should act promptly to impose strict\nlimits on Federal spending, to reform our tax structure, to provide\ntax relief for older Americans, to provide parents of nonpublic school\nchildren with income tax credits for a portion of the nonpublic school\ntuition they pay, and to give the President the bargaining power he\nneeds in trade negotiations with other nations.\nWe have made excellent economic gains but we have much work\nto do to achieve genuine prosperity in peacetime. Our greatest effort\nmust go into the fight against inflation. We must, therefore, hold\ndown Federal spending and cooperate to make Phase III of price and\nwage controls a success.\nThere is no aspect of our national concerns that rates a\nhigher priority than keeping our economy healthy. Hopefully, the\nCongress will join hands with the President in this endeavor.\n# # #\nCONGRESSMAN\nNEWS\nGERALD R. FORD\nHOUSE REPUBLICAN LEADER\nRELEASE\n--FOR IMMEDIATE RELEASE--\nWednesday, March 7, 1973\nStatement by Rep. Gerald R. Ford\nI applaud the decision of the Cost of Living Council to impose\nprice controls on the largest oil companies.\nThis action, the first of its kind to be taken since Phase III\nwas inaugurated, should convince even the most skeptical that the\nAdministration means business with Phase III and that Phase III will\nhave teeth in it.\nAs for this particular price control decision, the impact of\npetroleum product price increases is so far-reaching that the\nimposition of price controls on this industry is unquestionably\njustified.\n# # #\nU.S. HOUSE\nOF REPRESENTATIVES\nREPUBLICAN POLICY\nCOMMITTEE\nREP. JOHN J. RHODES, (R.-ARIZ.) CHAIRMAN\n1616 LONGWORTH HOUSE OFFICE BUILDING\nTELEPHONE 225-6168\n10\n93rd Congress\nMarch 20, 1973\nFirst Session\nStatement Number 2\nHOUSE REPUBLICAN POLICY COMMITTEE\nSTATEMENT ON BUDGET REFORM\n'Because of its present procedures and particularly\nbecause of its present political leadership, Congress\nis not handling Federal fiscal policies in a respon-\nsible manner. The Congress now permits its legislative\ncommittees- instead of its fiscal committees- to decide,\nindependently of each other, how much should be devoted\nto individual programs. Total Federal spending is thus\nhaphazard and uncontrolled. We pledge vigorous efforts\nto reform the Congressional budgeting process. Yon\n1972 Republican Platform\nThe spending ceiling debate in the waning months of the 92nd Congress\ndrew attention to the fact that the Congress acts on the various spending programs\nas if they were unrelated and independent actions. To rectify the resulting\nbudgetary chaos, the Congress established a Joint Study Committee on Budget Control\nto study and review:\nthe procedures which should be adopted by the\nCongress for the purpose of improving Congressional\ncontrol of budgetary outlay and receipt totals, in-\ncluding procedures for establishing and maintaining\nan overall view of each year's budgetary outlays\nwhich is fully coordinated with an overall view of\nthe anticipated revenues for that year\nRecently the Study Committee submitted an interim report presenting\ntentative recommendations for a comprehensive, sound, workable system encompassing\nall Congressional actions affecting the budget process. In substance the interim\n(OVER)\n- 2 -\nreport included, among others, the following recommendations which the Republican\nPolicy Committee supports:\n1. There should be a mechanism for Congress to--\na.) determine the proper level of expenditures after\nconsidering fiscal, economic, monetary and other\nfactors involved.\nb.) provide an overall ceiling on expenditures and\nobligational authority for each year, and\nc.) determine the aggregate revenue and debt levels\nwhich appropriately should be associated with\nthe expenditures and budget authority limits.\n2. Any limitation on expenditures and new obligational authority\nshould cover not only budgetary outlays handled through the Appropriations\nCommittee but also programs funded separately from the annual appropriation\nprocess.\n3. Initial action taken with respect to expenditure ceilings and\nnew obligational authority limitations should occur early in each session\nof the Congress, but there should be a procedure established for re-\nconsideration of these ceilings in the latter part of each Congressional\nsession.\n4. A procedure should be developed for allocating the appropriate\nportion of expenditure and obligational authority to various committees and\nsubcommittees having jurisdiction over legislation or appropriations af-\nfecting the budget.\n5. Procedures should be developed which would assure compliance\nwith the expenditure and budget authority ceilings.\n(MORE)\n- 3 -\n6. Procedures should be developed to present to Congress the\neffect on expenditures of existing and proposed legislation, not only\nin the current year, but also for three to five years ahead.\n7. An organization to implement the control procedure outlined\nabove should encompass the formation of a permanent joint committee on\nthe budget.\n8. There also should be an opportunity for Congress to review\nperiodically the different ways in which budget authority and expenditures\nare in fact authorized or incurred.\nThe progress of the Joint Study Committee on Budget Control in\nperforming its task of developing an effective budgetary control system represents\nsizable strides toward the goal of fiscal responsibility. The House Republican\nPolicy Committee urges that the Joint Committee on Budget Control be empowered\nto present its recommendations in the form of specific legislative proposals.\nIIIII\nminic\nU. S. HOUSE\nREPUBLICAN POLICY\nCOMMITTEE\nOF REPRESENTATIVES\nREP. JOHN J. RHODES, (R.-ARIZ.) CHAIRMAN\n1616 LONGWORTH HOUSE OFFICE BUILDING\nTELEPHONE 225-6168\n10\n93rd Congress\nMarch 27, 1973\nFirst Session\nStatement Number 3\nHOUSE REPUBLICAN POLICY COMMITTEE STATEMENT\nON s. 7, THE \"REHABILITATION ACT OF 1972.\"\nhas\nThe House Republican Policy Committee supports President Nixon's veto of\nS.7, the 'Rehabilitation Act of 1972.\"\nThe Republican administration is deeply committed to the support of\nvocational rehabilitation services necessary for the handicapped to become fully\nintegrated into the social and economic mainstream. It is likewise committed to\nthe curb of wasteful increases in Federal spending and unnecessary duplication of\nother Federal programs which ordain more taxes or more inflation.\nIn the past five years the vocational rehabilitation program has been\ncharacterized by improved services, increased availability and generous funding.\nExtension of the program has received the strong endorsement of President Nixon.\nIn the pre-election hours of last October, the Congress forwarded to the\nPresident H.R. 8395, the original Rehabilitation Act of 1972. Citing the measure\nas one which would have 'seriously jeopardized the goals of the rehabilitation\nprogram\" and as \"another example of Congressional fiscal irresponsibility\".\nPresident Nixon wisely withheld his approval of the bill.\nWithout consideration of the President's objections to the provisions of\nH.R. 8395, the 93rd Congress has passed S.7, which substantially repeats the\nobjectionable provisions of the previous bill. The Act once again diverts the\n(OVER)\n- 2 -\nprogram from its basic employment-oriented mission to that of social welfare.\nIt would also proliferate a host of new, independent categorical aid programs\nwhich duplicate and overlap existing authority and effort. It too would alter\nthe present effective and coordinated management of services by dictating new\nadministration structures. And, S.7 again authorizes funding far in excess of\nthe President's budget request and far beyond what could be made available and\nused effectively.\nAs S.7, the \"Rehabilitation Act of 1972\", \"would waste taxpayers dollars,\nand would complicate and confuse the direction of this program\", President Nixon\nhas elected to veto the measure. He has again demonstrated the dedication of\nthis Republican administration to the continuance of an effective and responsible\nvocational rehabilitation program. He has called upon the Congress to extend the\nprogram at a level which the Nation can provide without increased taxes and\nwithout inflationary effects.\nThe House Republican Policy Committee supports President Nixon's veto of\nS.7. We call upon the Democrat majority in the House to bring a bill to the\nFloor which will be approved, so that this vital program may be continued.\n11111\nU.S. HOUSE\nOF REPRESENTATIVES\nREPUBLICAN POLICY COMMITTEE\nREP. JOHN J. RHODES, (R.-ARIZ.) CHAIRMAN\n1616 LONGWORTH HOUSE OFFICE BUILDING\nTELEPHONE 225-6168\n10\n93rd Congress\nApril 3, 1973\nFirst Session\nStatement Number 4\nHOUSE REPUBLICAN POLICY COMMITTEE STATEMENT ON H.R. 5683,\nA BILL TO AMEND THE RURAL ELECTRIFICATION ACT\nThe House Republican Policy Committee finds objectionable certain features\nof H.R. 5633, as reported by the Committee on Agriculture, and supports the continued\nefforts of Republican Members to amend and improve the Committee bill. We share\nwith the minority members of the Committee the fundamental conviction that a\nviable and effective Rural Electrification and Telephone program is essential, not\nonly to farm and rural people but to the general public as well. We feel that\nsubstantial changes to the reported measure are necessary in order to provide a\nconstructive and durable bill which is effective and can be enacted.\nThe most objectionable provision of H.R. 5683, as reported, relates to the\nmandatory language which ties the hands of program administrators, removing huge\nsums of money from proper budgetary control. This bill would eliminate the REA\nAdministrator's discretion, in that it would direct that loans be made, at arti-\nficially low interest rates, to the full extent of the assets available in a new\nrevolving fund. The resources of this new fund would far exceed foreseeable\nborrowing needs of the rural electric and telephone community. The creation of\nthis \"backdoor spending\" revolving fund is unnecessary and unsound.\nWe recommend that H.R. 5683, in its present form, be rejected.\nHouse Galleries only\nO OFFICE COPY\nCONGRESSMAN\nNEWS\nGERALD R. FORD\nHOUSE REPUBLICAN LEADER\nRELEASE\n--FOR IMMEDIATE RELEASE--\nApril 4, 1973\nNow that the President's veto of S. 7, the Vocational\nRehabilitation Act of 1972, has been sustained, I hope members of\nCongress -- Democrats and Republicans -- will work together to\nenact effective and acceptable vocational rehabilitation legisla-\ntion into law. The handicapped of the Nation deserve our best\nefforts.\n###\nCONGRESSMAN\nNEWS\nGERALD R. FORD\nHOUSE REPUBLICAN LEADER\nRELEASE\n--FOR IMMEDIATE RELEASE--\nApril 4, 1973\nNow that the President's veto of S. 7, the Vocational\nRehabilitation Act of 1972, has been sustained, I hope members of\nCongress --- Democrats and Republicans -- will work together to\nenact effective and acceptable vocational rehabilitation legisla-\ntion into law. The handicapped of the Nation deserve our best\nefforts.\n###\nFORD & LIBRARY GERALD\nHouse Gallerees Only\nOFFICE COPY\nCONGRESSMAN\nNEWS\nGERALD R. FORD\nHOUSE REPUBLICAN LEADER\nRELEASE\n--FOR IMMEDIATE RELEASE--\nApril 10, 1973\nStatement by Rep. Gerald R. Ford\nIn sustaining the President's veto of the rural sewer and\nwater bill, the House accurately reflected the view of the American\npeople that we must get the Nation's fiscal affairs in order.\nThe people know that if the Federal Government allows\nprograms to proliferate and pours money out of a variety of spigots\nfor the same purposes, the result will be a tax increase or a\nfresh spurt of inflation.\nI now am hopeful that the Democratic leadership in the\nCongress will cease their budget-busting tactics and will turn to\na constructive course.\n###\nCONGRESSMAN\nNEWS\nGERALD R. FORD\nHOUSE REPUBLICAN LEADER\nRELEASE\nFOR IMMEDIATE RELEASE--\nApril 10, 1973\nStatement by Rep. Gerald R. Ford\nIn sustaining the President's veto of the rural sewer and\nwater bill, the House accurately reflected the view of the American\npeople that we must get the Nation's fiscal affairs in order.\nThe people know that if the Federal Government allows\nprograms to proliferate and pours money out of a variety of spigots\nfor the same purposes, the result will be a tax increase or a\nfresh spurt of inflation.\nI now am hopeful that the Democratic leadership in the\nCongress will cease their budget-busting tactics and will turn to\na constructive course.\n###\n11111\nU. S. HOUSE\nOF REPRESENTATIVES\nREPUBLICAN POLICY COMMITTEE\nREP. JOHN J. RHODES, (R.-ARIZ.) CHAIRMAN\n1616 LONGWORTH HOUSE OFFICE BUILDING\nTELEPHONE 225-6168\n10\n93rd Congress\nApril 16, 1973\nFirst Session\nStatement No. 7\nHOUSE REPUBLICAN POLICY COMMITTEE STATEMENT ON\nH.R. 6163, A BILL TO AMEND AND EXTEND THE\nECONOMIC STABILIZATION ACT OF 1970, AND\nH.R. 6879, THE STEVENS SUBSTITUTE THEREFOR\nThe House Republican Policy Committee urges an extension of existing\nPresidential authority to establish appropriate wage, price and rent controls\nto stabilize the economy. The Committee is unalterably opposed to the passage\nof H.R. 6168, as reported by the House Committee on Banking and Currency, and\nH.R. 6879, the Stevens substitute therefor. Both the reported bill and the\nsubstitute propose amendments to the Economic Stabilization Act of 1970\nwhich would create chaos in the economy.\nBy rolling back prices and establishing inflexible price ceilings,\nH.R. 6168 and H.R. 6879 would cripple farm and factory production, force\nunemployment and create shortages which would inevitably lead to rationing\nand black markets.\nBy forcing an interest rate rollback and freeze, both the reported and\nsubstitute bills would bring disaster to the financial market, curbing public\nand private borrowing, stagnating business and promoting a massive outflow of\ndollars abroad.\n(OVER)\n- 2 -\nBy mandating a retroactive, federal freeze of all rents, commercial\nas well as residential, H.R. 6168 and H.R. 6879 would disrupt construction\nand deny individual communities the right to decide whether or not rent\ncontrols are actually needed.\nNumerous other provisions found in the reported bill and substitute,\nsuch as the establishment of an Office of Consumer Counselor and the\nbroadening of export controls, further limit the President's ability to\nbest meet the requirements of a changing economy.\nH.R. 6168 and H.R. 6879 are the wrong answers to the highly complicated\nproblems of inflation and foreign trade. They are counter-productive, willful,\nill-considered and reckless, and can only result in a disjointed and\nartificially controlled economy.\nThe House Republican Policy Committee strongly opposes the passage of\neither H.R. 6168 or H.R. 6879, and calls upon the Democrat majority to join\nwith Republicans in extending the present Presidential authority under the\nEconomic Stabilization Act of 1970.\nLimited Distribution\nO OFFICE copy\nCONGRESSMAN\nNEWS\nGERALD R. FORD\nHOUSE REPUBLICAN LEADER\nRELEASE\n--FOR IMMEDIATE RELEASE--\nMay 3, 1973\nThe entiré Michigan congressional delegation today fired off telegrams to\nthe Office of Management and Budget and the Environmental Protection Agency\nprotesting a tieup of Federal funds which has stalled Michigan's water pollution\ncontrol program.\nThe delegation demanded to know from EPA why $501 million in Federal sewage\ntreatment funds released thus far this year went to just 13 states, with Michigan\ngetting nothing. Michigan's two senators and 19 congressmen also asked why the\ntreatment works projects in these 13 states were certified before sewage treatment\nindustrial user charges went into effect on March 1, giving those states an\nadvantage.\nIn the telegram to OMB, the Michigan delegation urged that all obstacles\nto the additional allocation of fiscal 1973 sewage treatment funds be removed.\nThe delegation noted that President Nixon had allocated $2 billion for\nsewage treatment works in fiscal 1973, but only $501 million has been disbursed.\nMembers quoted the President as saying this $2 billion would be \"available\nimmediately.\"\nComplaining about the lack of funds, the delegation cited \"long delays\n(by EPA) in developing and approving administrative regulations. This, the\nmembers said, has \"resulted in a virtual hold on the use of these funds as well\nas those for reimbursement.\"\nIn its protest over the delay in funding, the delegation declared; \"The lack\nof construction funds raises serious questions about the impact on the construction\nindustry and the employment situation therein, particularly if there is no program\nacceleration in the near future. The lack of reimbursement is costly and damaging\nto local communities which have advanced funds from other programs and delayed\nproject completion.\"\nThe delegation said no contracts for new sewage treatment projects have\nbeen awarded in Michigan in nine months.\nThe Michigan members asked that OMB give \"the highest priority\" to removing\nany impediments to the immediate use of fiscal year 1973 sewage treatment\nconstruction funds and disbursement for reimbursement funds.\nGERALD\n(more)\nPage 2\nThe Michigan delegation acted after a group of Michigan state legislators\nmet in Washington with Sen. Robert P. Griffin, Reps. Elford A. Cederberg and\nPhilip E. Ruppe, and spokesmen for Sen. Philip A. Hart and Reps. Gerald R. Ford\nand Guy VanderJagt to discuss the stagnation of Michigan's water pollution\ncontrol program.\n###\nHouse Galleries only.\n0 OFFICE COPY\nCONGRESSMAN\nNEWS\nGERALD R. FORD\nHOUSE REPUBLICAN LEADER\nRELEASE\n--FOR IMMEDIATE RELEASE--\nJune 14, 1973\nComment by Rep. Gerald R. Ford on President's Anti-Inflation Speech\nThe President's approach is right on target. The strong\nactions taken by the President to deal with inflation will be\nwelcomed by consumers throughout the country. His is the right\nmedicine at this point in time.\nThe best course is to stop inflation cold with an\nacross-the-board price freeze and then to apply effective price\ncontrols. We all know it; Phase III just didn't work. I am\npleased with the freeze and the promise of Phase IV. I am also\npleased that the President has ordered an investigation of recent\nprice increases, with the prospect of rollbacks.\nNobody in America should be gouging the consumer. As the\nPresident said, the consumer comes first.\nIt's now the obligation of the Congress to join with the\nPresident in implementing an effective anti-inflation program.\n###\nCONGRESSMAN\nNEWS\nGERALD R. FORD\nHOUSE REPUBLICAN LEADER\nRELEASE\nFOR IMMEDIATE RELEASE--\nJune 14, 1973\nComment by Rep. Gerald R. Ford on President's Anti-Inflation Speech\nThe President's approach is right on target. The strong\nactions taken by the President to deal with inflation will be\nwelcomed by consumers throughout the country. His is the right\nmedicine at this point in time.\nThe best course is to stop inflation cold with an\nacross-the-board price freeze and then to apply effective price\ncontrols. We all know it; Phase III just didn't work. I am\npleased with the freeze and the promise of Phase IV. I am also\npleased that the President has ordered an investigation of recent\nprice increases, with the prospect of rollbacks.\nNobody in America should be gouging the consumer. As the\nPresident said, the consumer comes first.\nIt's now the obligation of the Congress to join with the\nPresident in implementing an effective anti-inflation program.\n###\nU. S. HOUSE\nOF REPRESENTATIVES\nREPUBLICAN POLICY COMMITTEE\nREP. JOHN J. RHODES, (R.-ARIZ.) CHAIRMAN\n1616 LONGWORTH HOUSE OFFICE BUILDING\nTELEPHONE 225-6168\n10\n93rd Congress\nJuly 24, 1973\nFirst Session\nStatement No. 16\nHOUSE REPUBLICAN POLICY COMMITTEE STATEMENT ON. D. R. 8480\nIMPOUNDMENT CONTROL AND 1974 EXPENDITURE CEILING\nThe House Republican Policy Committee strongly opposes the passage of\nH.R. 8480, Impoundment Control and 1974 Expenditure Ceiling. In these days\nof urgent need for responsible reform of Congressional budgetary processes\nthis bill is counter-productive in that it attacks the only bulwark the\ncountry has against fiscal mismanagement.\nH.R. 8480 would require the President, whenever he or any officer of\nthe Executive Branch withholds or delays the expenditure of funds appropriated\nfor a specific purpose or project, to transmit within ten days a special\nmessage to both the House and Senate specifying the amount impounded, the\nprojects affected and the reasons for the impoundment. If within sixty days\neither House by simple resolution disapproves, the President would be re-\nquired to cease the impoundment, Title II of the bill would establish a\nceiling on budget outlays for fiscal year 1974 and require the President to\nmeet the ceiling by making proportional cuts in all but a few favored\nprograms. Thus, cuts would be made regardless of merit and without con-\nsideration of any special circumstances which might exist.\nH.R. 8480 constitutes an unprecedented, unwarranted and possibly\nunconstitutional intrusion by the Congress into the Executive function.\n(OVER)\n- 2 -\nIt would enormously complicate, if not prevent, responsible program planning\nand management. Rather than curb, it would invite waste by forcing expenditures,\nby prohibiting flexibility in periods of changing economic conditions, and by\nmandating vast and expensive reporting procedures. The \"shotgun\" requirement\nof \"proportionate\" reductions to achieve an outlay ceiling would cause havoc\nin the financial management of Government funds.\nH.R. 8480 illuminates the failure of Congress to meet its fiscal\nresponsibilities. Rather than legislate political gimmickry, we should\nconcentrate all effort in the development of a sound and effective budgetary\ncontrol system.\nThe House Republican Policy Committee opposes the passage of H.R. 8480."
}