The State of the Nation's Economy and the Fiscal Year 1979 Budget: Hearing Before the Committee on the Budget, United States Senate, Ninety-fifth Congress, Second Session, Nashville, Tenn., February 18, 1978

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U.S. Government Printing Office, 1978 - 87 lappuses

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70. lappuse - Lenin is said to have declared that the best way to destroy the Capitalist System was to debauch the currency.
70. lappuse - Lenin was certainly right. There is no subtler, no surer means of overturning the existing basis of society than to debauch the currency. The process engages all the hidden forces of economic law on the side of destruction and does it in a manner which not one man in a million is able to diagnose.
70. lappuse - We used to think that you could just spend your way out of a recession and increase employment by cutting taxes and boosting government spending. I tell you in all candour that that option no longer exists and that insofar as it ever did exist, it worked by injecting inflation into the economy.
8. lappuse - Senate on a recurring basis ; "(C) to request and evaluate continuing studies of tax expenditures, to devise methods of coordinating tax expenditures, policies, and programs with direct budget outlays...
70. lappuse - We used to think that you could spend your way out of a recession and increase employment by cutting taxes and boosting Government spending. I tell you in all candour that that option no longer exists, and that insofar as it ever did exist, it only worked on each occasion since the war by injecting a bigger dose of inflation into the economy, followed by a higher level of unemployment as the next step.
11. lappuse - These provisions result in tax expenditures, which are defined as revenue losses attributable to a special exclusion, exemption, or deduction from gross income or to a special credit, preferential rate of tax, or deferral of tax liability.
2. lappuse - Now, some of you may be wondering what all this has to do with a budget hearing here in Nashville.
43. lappuse - Congress can consider budget alternatives in its deliberations on the next annual budget...
17. lappuse - David Ross Boyd Professor of Business Administration, University of Oklahoma J. Dewey Daane, Frank K. Houston Professor of Banking, Owen Graduate School of Management, Vanderbullt University Former: Member, Bd. of Govs. Fed. Res. Harold Demse tz , Professor of Economics, UCLA George C.
11. lappuse - Some aspects of taxation, called "tax expenditures," receive special attention in the budget. Tax expenditures are defined as revenue losses under the individual and corporation income taxes that are attributable to a special exclusion, exemption, or deduction from gross income or to a special credit, preferential tax rate, or deferral of tax liability. Tax expenditures are one means by which the Federal Government pursues its objectives and in...

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