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Federal Spending Tied to Unemployment Rate
Washington reports focus on a proposed federal spending ceiling of 250 billion dollars, linked to unemployment and inflation goals. Key figures including Nixon aides, George Shultz, and Caspar Weinberger defend the cap while critics warn of bureaucratic overreach and potential Social Security impacts.
MENTIONED IN THIS ARTICLE
Washington
Nixon
Council of Economic Advise
Herbert Stein
Treasury
George P. Shultz
Caspar Weinberger
James Burke
Dmass
Congress
Burke
Mills
Shultz
Weinberger