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Code · STATUTE-COMPILATIONS · Full Employment and Balanced Growth Act of 1978 · Sec. 201

Sec. 201. statement of purpose

178 words·~1 min read·/statute-compilations/comps-1531/sec-201

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## Sec. 201 statement of purpose The Congress recognizes that general economic policies alone have been unable to achieve the goals set forth in this Act related to full employment, production, and real income, balanced growth, adequate growth in productivity, proper attention to national priorities achievement of an improved trade balance through increased exports and improvement in the international competitiveness of agriculture, business, and industry, and achievement of reasonable price stability as provided for in section 5(b) of the Employment Act of 1946.
It is, therefore, the purpose of this title to require the President to initiate, as the President deems appropriate, with recommendations to the Congress where necessary, supplementary programs and policies to the extent that the President find such action necessary to help achieve these goals, including the goals and timetable for the reduction of unemployment. Insofar as feasible without undue delay, any policies and programs so recommended shall be included in the Economic Report. 1Title I primarily amends the Employment Act of 1946 and one section also amends the Federal Reserve Act. **[**[15 U.S.C. 3111](/us/usc/t15/s3111)**]**
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