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→→COMMITTEE ON WAYS AND MEANS.
HOUSE OF REPRESENTATIVES

NINETIETH CONGRESS

FIRST SESSION

ON

ADMINISTRATION PROPOSAL TO INCREASE THE

PUBLIC DEBT CEILING

MAY 15 AND 16, 1967

Printed for the use of the Committee on Ways and Means

67-61579

79-248

U.S. GOVERNMENT PRINTING OFFICE

WASHINGTON: 1967

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Press release, dated May 3, 1967, announcing public hearings on the admin-
istration proposal to increase the public debt limit..

Federal Reserve Act, text of---.

Bureau of the Budget, Hon. Charles L. Schultze, Director__

Treasury, Department of:

Fowler, Hon. Henry H., Secretary.

Deming, Hon. Frederick L., Under Secretary for Monetary Affairs__

STATEMENT OF PUBLIC WITNESS

Patman, Hon. Wright, a Representative in Congress from the State of
Texas___

172

143

American Farm Bureau Federation, statement--
Bureau of the Budget, Hon. Charles L. Schultze, Director, Budget and
Accounting Act, 1921, as amended-provisions relating to revenue esti-

mates_

Chamber of Commerce of the United States, Harold H. Hair, statement__
Federal Credit Programs, special analysis E (reprint of pages 57 to 70 from
the Special Analyses, Budget of the United States, 1968), placed in the
record by Congressman Thomas B. Curtis.

Federal Financing Through a Central Agency, an article from the magazine
Banking, of January 1967, placed in the record by Congressman Thomas
B. Curtis. _ _ .

Federal Reserve System, Board of Governors, J. L. Robertson, letter dated

May 11, 1967, to Congressman Thomas B. Curtis, with article from the
annual report for 1966, attached, placed in the record by Congressman
Curtis__

Freedom, Inc., Farmington, Conn., E. S. Hall, chief engineer, statement__

Hair, Harold H., Chamber of Commerce of the United States, statement..

Hall, E. S., chief engineer, Freedom Inc., Farmington, Conn., statement__

Internal Revenue Taxation, Joint Committee on, Laurence N. Woodworth,

chief of staff, letter dated February 27, 1967, to Congressman John W.

Byrnes, re staff estimates of Federal revenues and expenditures in the

fiscal years 1966, 1967, and 1968 on the assumption that the amounts

attributable to the war in Vietnam had been expended, placed in the rec-
ord by Congressman Byrnes..

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