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Congress poised to shape Nixon tax stimulus and wage price policy
Democratic leaders push for congressional role in post freeze tax relief and business credits while wage price controls face Senate resistance. Mansfield proposes a joint executive branch committee and broader involvement, with hearings scheduled and key battles over exemptions payroll tax delays and investment credits shaping the path forward.
MENTIONED IN THIS ARTICLE
Edmond le Breton
Associated Press
Washington
Congress
Nixon
Senate
Mikel Mansfield
Montana
House
Mansfield
Ways and Means Committee
Mills
William Proxmire
D-Wis
House Economic Committee
Russell B. Long
D-La
Senate Finance Committee
Federal Reserve