Resolution calling for a domestic summit to develop a unified plan of action to restore stability and prosperity to the American economy.

Summary

Expresses the sense of the Senate that the leadership of the Nation responsible for our economic wellbeing meet together immediately in a spirit of unity to design a set of policy actions to achieve the common goal of restoring stability and growth to the American economy and confidence and prosperity to the American people. Directs that this domestic summit be convened forthwith comprised of the President, the majority and minority leadership of both Houses of the Congress, the chairmen and ranking minority members of the Appropriations Committees of both Houses, the chairmen and ranking minority members of the Senate Finance Committee and the House Ways and Means Committee, and the Chairman of the Federal Reserve Board, together with leaders of labor and business, and such other participants as they may agree upon. Provides that they shall meet and devote such time as necessary until a plan of action is decided upon which, by its demonstration of renewed unity, direction, and purpose, will gain the public support and confidence necessary to be effective in overcoming these difficulties.

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1 official file

• Introduced in Senate

  summary · EN · 23 July 1974

  Open at official source

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