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    • Back to Questions for Discussion by Participants at The Summit Meeting of Business and Manufacturing [Notice to Press]

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    Digitized from Box 1 of the White House Press Releases at the Gerald R. Ford Presidential Library Questions for Discussion by Participants at The Summit Meeting of Business and Manufacturing I. What basic policies should be adopted to deal with the problems of inflation? What changes and suggestions have you with respect to: A. Fiscal 1. Expenditures Maintaining federal expenditures below $300 billion in fiscal 1975 Seeking a balanced Federal budget or a surplus in fiscal 1976 Priority preferences for existing governmental programs within the federal budget limitations Other 2. Receipts Current levels of federal taxation Tax incentives or deterrents Other B. Monetary policy Current monetary policy and its effect on interest rates Availability of capital funds and money for financing Other C. Government regulations Government regulations (Federal, State, Local) and their effect on productivity Wage and Price controls, guidelines or private initiatives Environmental protection requirements - 2 D. International conditions Current international economic developments and international arrangements for financial stability Raw materials availability II. What actions above all would you recommend the President and the Congress take at this time -- long-term (realistic approaches), short-term (to recognize harships and inequities)?