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Burns urges $4 million emergency job program
Dr. Arthur F. Burns, chair of the Federal Reserve Board, proposed a $4 billion public service employment program to create about 4,000,000 jobs if unemployment rises above 6 percent. He told the Joint Economic Committee that the plan would ease budgetary and monetary restraint needed to curb inflation.
MENTIONED IN THIS ARTICLE
Washington
Arthur F. Burns
Federal Reserve Board
Burns
Congressional ‘Joint Economic Committee
Charles Percy
Congress
Percy
Secretary of the Treasury
William E. Simon
Sen
Jacob
Javits
R-N
Sams
Nixon
Federal Reserve