Debt Limit Increase Concerns: A Letter Exchange, 1975-01-23

Item — Box: 22, Folder: 35

Identifier: CAC_CC_109_4_22_35_0047

Staff Only

The first letter acknowledges receipt of a request for a $103 billion raise in the debt limit and expresses concern over the increase in debt over the past five years. The writer supports efforts to restore a balanced budget and fiscal integrity and suggests cutting back on non-essential federal spending and administrative red-tape. The second letter criticizes the request for a debt limit raise, suggesting that money could be saved by ending the Vietnam War and transferring control of certain departments to the states.

Dates

1975-01-23

Language of Materials

English

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