Date: August 8, 1972

Time: 10:11 am – 10:25 am

Location: Oval Office

Hugh Scott, Gerald R. Ford, Richard K. Cook, Herbert G. Klein, and Thomas C. Korologos met.

Greetings

Ford’s operation

-Forthcoming visit to doctor

The President entered at 10:11 am.

-Recovery

Economy

-Taxes

-Defense of Republican program

-Attacks on George S. McGovern’s program

-Tax increases

-$1000 per person welfare proposal

-Defense cuts

-Increase in spending

-Tax increases

-Use of term “wreckonomics”

-Use of phrase “one thousand”

-Example of McGovern jokes in circulation

-Imaginary message from McGovern to Israeli cabinet

-Taxes

-Report on growth of economy

-Employment

-Increases in peacetime jobs

-Decrease in jobs related to war

-Food prices

-Inflation

2

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log

(rev. Nov-03)

-Budget

-Costs of McGovern’s proposals

-$1000 per person welfare proposal

-Amount

-$1000 per person welfare proposal

-Spending ceiling

-Caspar W. (“Cap”) Weinberger

-Democratic platform

-$1000 per person welfare proposal

-Growth of economy

-Spending ceiling

-Cost of Democratic platform

-Cost of $1000 per person welfare proposal

-McGovern’s proposals

-Costs to taxpayer

-Spending ceiling

-The President’s view

-Possible tax increases

-Issues

-Daycare

-Poverty

-Children

-Senior citizens

-Tax increases

-Inflation

-Unemployment

-Impact of proposed Democratic budget on US economy

-Welfare costs

-$1,000 per person welfare proposal

-Increase of number on welfare

-Tone of public statements by both parties

-R. Sargent Shriver

-Scott’s view

-Budget

-Department of Health, Education, and Welfare [HEW] and Labor

appropriations bill

-Possible veto by the President

-Spending ceiling

-Possible veto

3

NIXON PRESIDENTIAL MATERIALS STAFF

Tape Subject Log

(rev. Nov-03)

-Legal services

-Jacob K. Javits

-Spending ceiling

-Taxes

-Wilbur D. Mills

-Support of spending ceiling

-Debt limitation

Scott

-Situation in Wilkes-Barre, Pennsylvania

-George W. Romney’s forthcoming trip to Wilkes-Barre

-Milton J. Shapp

Scott et al left at 10:25 am.