Full Employment and Balanced Growth Act of 1978

Summary

Full Employment and Balanced Growth Act - Title I: Establishment of Goals, Planning, and General Economic Policies - Amends the Employment Act of 1946 to declare that all adult Americans able, willing, and seeking work have the right to useful paid employment at fair rates of compensation. States that, in moving toward the goal of full employment, it shall be an objective to maintain trends in the ratio of private employment civilian public employment and first priority is to expand conventional private jobs through policies made available under this Act. Directs the President in each annual Economic Report to recommend numerical goals for employment, production, and purchasing power, as well as policies to support these goals and achieve balanced growth and full employment. Requires the preparation of a Full Employment and Balanced Growth Plan, prepared with the assistance of Economic Advisers and in consultation with the Office of Management and Budget. Requires that such plan set forth foreseeable social and economic goals; provide estimates of unmet social and economic needs; identify available and needed resources; and contain long-term economic goals including (1) full employment goals set at the number of jobs to be provided in order to reduce unemployment to the minimum level of functional unemployment consistent with efficient job search and labor mobility, (2) full production goals set at levels of output estimated to be yielded by achievement of full employment goals, and (3) full purchasing power goals set at levels estimated to be necessary for attaining and maintaining full employment and production while contributing to an equitable distribution of purchasing power. States that in achieving such goals the President shall include the objective of holding the annual rate of price increases to levels consistent with reasonable price stability. Requires the full employment goal to be consistent with an adult unemployment rate not in excess of three percent. Requires that the plan propose priority policies and programs to support full employment and balanced growth and enumerates sectors of the economy to be included in such policies and programs. Directs the President to submit proposals improving the efficiency and economy of the Federal Government. Requires the Presidents' Budget and Economic Report to set forth the level and composition of Federal expenditures, tax policy, and monetary policy consistent with and in promotion of the goals and policies contained in this Act. Directs the Federal Reserve Board to report to the President and Congress, identifying the extent to which the Federal Reserve will support the economic goals recommended by the President. Stipulates that each Economic Report contain a comprehensive set of anti-inflation policies to supplement monetary and fiscal policy. Establishes an Advisory Committee on Full Employment and Balanced Growth to advise and assist the Council of Economic Advisers. Directs the Council of Economic Advisers to prepare the Full Employment and Balanced Growth Plan and to consult with the Advisory Committee. Title II: Countercyclical, Structural, and Youth Employment Policies - Directs the President to transmit to Congress within 90 days of the enactment of this Act a proposal, together with necessary legislation, establishing permanent supplementary employment policies and programs required to reduce high unemployment arising from cyclical movements in the economy. Specifies types of programs which should be considered by the President in establishing component parts of such proposal and the means to be utilized in coordinating them. Requires the President to also transmit to Congress within such period legislation creating a permanent grant program related to the stabilization and needed growth of State and local budgets. Directs the President to transmit to Congress within 180 days of the enactment of this Act (1) a comprehensive regional and structural employment proposal designed to reduce chronic underutilization of human and capital resources in certain areas of the country and in groups within the labor force, and (2) legislation providing institutional means to encourage public and private investment in areas with substantial unemployment and to provide an alternative source of capital funds for local and State governments to finance public facilities. Directs the President to transmit to Congress legislation creating a comprehensive youth employment program which utilizes existing resources and facilities and provides additional employment programs. Directs the President to provide job opportunities through reservoirs of federally operated public employment projects and approved private nonprofit employment projects to the extent, and only to the extent, that willing able adults are not otherwise provided job opportunities. Establishes, within the Department of Labor, a Full Employment Office to assist in creating such employment opportunities. Directs the President to transmit to Congress a proposal, together with such legislation as is necessary, on how the income maintenance and employment policies can be integrated to insure that employment is substituted for income maintenance to the maximum extent feasible. Title III: Policies and Procedures for Congressional Review - Requires the Joint Economic Committee to carry out overall review of executive branch policies under this Act. Requires the Committee on the Budget of the Senate and the Committee on the Budget of the House of Representatives to review the fiscal policy, economy in government policies, and Federal budget priorities recommended by the President. Requires the Joint Economic Committee to review and make recommendations to Congress on annual numerical goals for employment, production, and purchasing power proposed by the President. Provides for Congressional review of the Full Employment and Balanced Growth Plan, including reports to the Joint Economic Committee from the Standing Committees of Congress on matters that relate to the plan, public hearings before the Joint Economic Committee, and consideration of State and local views on the plan. Establishes a Division of Full Employment and Balanced Growth within the Congressional Budget Office to assist the Joint Economic Committee in the discharge of its duties under this Act. Provides that the provisions of this title, with specified exceptions, be incorporated into the rules of the House of Representatives and Senate, respectively. Title IV: General Provisions - Makes general provisions with respect to nondiscrimination, labor standards, and authorizations of appropriations.

This text is taken from the official record. PoliticalRepo does not editorialize.

Timeline

1. 4 January 1977

   Introduced

   Introduced in House

   Source: IntroReferral

2. 4 January 1977

   Introduced

   Referred to House Committee on Education and Labor.

   Source: IntroReferral

3. 4 January 1977

   Introduced

   Introduced in House

   Source: IntroReferral

4. 22 February 1978

   Introduced

   Referred to House Committee on Rules.

   Source: IntroReferral

5. 22 February 1978

   Reported

   Reported to House from the Committee on Education and Labor with amendment, H. Rept. 95-895 (Part I).

   Source: Committee

6. 22 February 1978

   Reported

   Reported to House from the Committee on Education and Labor with amendment, H. Rept. 95-895 (Part I).

   Source: Committee

7. 3 March 1978

   Reported

   Reported to House from the Committee on Rules with amendment, H. Rept. 95-895 (Part II).

   Source: Committee

8. 3 March 1978

   Reported

   Reported to House from the Committee on Rules with amendment, H. Rept. 95-895 (Part II).

   Source: Committee

9. 8 March 1978

   Floor

   Measure called up by special rule in House.

   Source: Floor

10. 9 March 1978

    Floor

    Measure considered in House.

    Source: Floor

11. 15 March 1978

    Floor

    Measure considered in House.

    Source: Floor

12. 16 March 1978

    Vote

    Measure passed House, amended, roll call #164 (257-152).

    Source: Floor

13. 16 March 1978

    Vote

    Passed/agreed to in House: Measure passed House, amended, roll call #164 (257-152).

    Source: Floor

14. 16 March 1978

    Floor

    Measure considered in House.

    Source: Floor

15. 28 September 1978

    Calendars

    Placed on calendar in Senate.

    Source: Calendars

16. 10 October 1978

    Floor

    Measure called up by unanimous consent in Senate.

    Source: Floor

17. 11 October 1978

    Floor

    Measure considered in Senate.

    Source: Floor

18. 13 October 1978

    Floor

    Measure considered in Senate.

    Source: Floor

19. 13 October 1978

    Vote

    Passed/agreed to in Senate: Measure passed Senate, amended, roll call #495 (70-19).

    Source: Floor

20. 14 October 1978

    Passed

    Resolving differences -- House actions: House agreed to Senate amendment (See H. Res. 1446).

    Source: NotUsed

21. 14 October 1978

    President

    Measure enrolled in Senate.

    Source: President

22. 14 October 1978

    President

    Measure enrolled in House.

    Source: President

23. 14 October 1978

    Passed

    House agreed to Senate amendment (See H. Res. 1446).

    Source: ResolvingDifferences

24. 27 October 1978

    President

    Public Law 95-523.

    Source: President

25. 27 October 1978

    Became law

    Signed by President.

    Source: BecameLaw

26. 27 October 1978

    President

    Signed by President.

    Source: President

27. 27 October 1978

    Floor

    Measure presented to President.

    Source: Floor

28. 27 October 1978

    President

    Measure presented to President.

    Source: President

Votes

Versions

No version snapshots stored. Document URLs remain at the source.

Documents

3 official files

• Public Law (PDF)

  Public Law · EN · 28 October 1978

  ViewDownloadOpen at official source

• Passed Senate amended

  summary · EN · 13 October 1978

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

• Introduced in House

  summary · EN · 4 January 1977

  Open at official source

  Leesvertaling

  Vertaal dit document naar jouw taal. PoliticalRepo bewaart geen aparte kopie per EU-taal.

  Vertaal naarNL · DutchDE · GermanFR · FrenchES · SpanishIT · ItalianPL · PolishPT · PortugueseSV · SwedishDA · DanishFI · FinnishEL · GreekCS · CzechHU · HungarianRO · RomanianBG · BulgarianHR · CroatianSK · SlovakSL · SlovenianLT · LithuanianLV · LatvianET · EstonianGA · IrishMT · Maltese

  Vertaal document

  Documentvertaling op verzoek met downloadbare PDF (logo + link naar de officiële bron). Het bronbestand blijft leidend.

Sponsors

• Rep. Hawkins, Augustus F. [D-CA-29] · D · Sponsor
• Rep. Perkins, Carl Dewey [D-KY-7] · D · Cosponsor
• · hsru00 · Standing
• · hsed00 · Standing

Related records

• related to → A resolution providing for the consideration of the bill (H.R. 50) a bill to establish and translate into practical reality the right of all adult Americans able, willing, and seeking to work to full opportunity for useful paid employment at fair rates of compensation; to combine full employment, production, and purchasing power goals with proper attention to balanced growth and national priorities; to mandate such national economic policies and programs as are necessary to achieve full employment, production, and purchasing power; to restrain inflation; and to provide explicit machinery for the development and implementation of such economic policies and programs.
• related to → A resolution providing for the agreeing to the Senate amendments to the bill H.R. 50 to translate into practical reality the right of all Americans who are able, willing, and seeking to work to full opportunity for useful paid employment at fair rates of compensation; to assert the responsibility of the Federal Government to use all practicable programs and policies to promote full employment, production, and real income, balanced growth, adequate productivity growth, proper attention to national priorities, and reasonable price stability; to require the President each year to set forth explicit short-term and medium-term economic goals; to achieve a better integration of general and structural economic policies; and to improve the coordination of economic policy making within the Federal Government.
• related to ← Full Employment and Balanced Growth Act
• related to ← Full Employment and Balanced Growth Act
• related to ← Full Employment and Balanced Growth Act
• related to ← Full Employment and Balanced Growth Act
• related to ← Full Employment and Balanced Growth Act

Related across the Repo ecosystem

Direct relationships are identifier-backed. Topic context means shared TopicMembership — not a citation and not causation.