Nixon Phase II measures receive broad public backing
A Harris poll of 3978 households shows strong favor for key Nixon Phase II policies such as removing the auto excise tax and importing surcharge, with price controls and wage policy supported by large majorities. Yet only a minority believe these steps will quickly curb inflation or reduce unemployment. Confidence in recovery remains tentative as inflation pressures ease slightly.
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Louis Harris
Nixon
U.S
Skirmish Over Nixon Wins as Congress Concedes on Tax Plan
President Nixon appears to win the battle with Congress over his economic policy. Lawmakers trimmed about 12 billion in tax cuts and scaled back a campaign finance plan, signaling possible White House approval. The House is expected to pass the measure soon while extensions of control powers proceed, shaping a broader package.
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Washington
Nixon
Democratic Congress
Senate House
Senate
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White House
House Banking Committee
Congress
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