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Burns urges $4 million emergency job program plan
Washington Dr Arthur F Burns chairman of the Federal Reserve Board proposed a 4 billion public service employment program to create about 800000 jobs in state and local government if unemployment rises above 6 percent He urged Congress to consider tax increases to fund part of the program and suggested tougher wage price monitoring boards with power to delay increases to curb inflation
MENTIONED IN THIS ARTICLE
Washington
Arthur F. Burns
Federal Reserve Board
Burns
Congressional Joint Economic Committee
Charles H. Percy
Rick
Congress
Percy
Secretary of the Treasury
William E. Simon
Jacob K. Javits
R-N.y
Nixon
Federal Reserve
Seven-Naw Board
Javits
William Proxmire
D-Wis
Ford