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Des Basher FYI August 23, 1971 MEMORANDUM FOR: H.R. HALDEMAN FROM: CHARLES COLSON SUBJECT: McCracken's Upcoming Testimony I talked to McCracken this afternoon and he is in the throes of revising his memorandum to the President which details the job creation of the various economic initiatives. McCracken agrees that it is too low. He wants to do a thorough study this week and incorporate this in his testimony before the Joint Economic Committee next week. Connally agrees with this, believes that this will be a good forum for it and that the timing will be right next week to announce this. Connally does not feel that we need it this week, feels that McCracken is the best person to do it and the Joint Economic Committee a good forum. As part of official testimony, the figures will have added credibility. Hence, you should disregard the memo that you have to the President dated August 20. Wait for McCracken's updated version and we will play it up here next week when he testifies. Reproduced at the Richard Nixon Presidential Library and Museum