Word: hellers
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...President Thomas Jefferson urged "a just repartition" of federal revenues among the states for the promotion of "canals, roads, arts, manufactures, education and other great objects within each state." The idea got nowhere then, and neither did an updated version that Chief Economic Adviser Walter Heller tried to sell to President Lyndon Johnson 159 years later. But now it has resurfaced as the linchpin of President Nixon's new legislative program. Under Nixon's proposed revenue-sharing plan, the Federal Government would yield a small part of its take from individual income taxes to states, cities and counties...
...minimum, Nixon's emerging policy will give company and union leaders something new to worry about when they decide on price and wage policies. Walter Heller, chairman of the Council of Economic Advisers under Presidents Kennedy and Johnson, says that Nixon's new policy "might repair some of the damage he did" by announcing at the outset of his Administration that he would go easy with exhortation. When Nixon made that statement, Pierre Rinfret, a Manhattan economic consultant and sometime Nixon adviser, flashed all his clients to put through any price increases they might have in mind. Last...
...imbalance in public finance was foreseen as long ago as 1960 by Walter Heller, President Johnson's principal economic adviser, and by Joseph Pechman of the Brookings Institution, who chaired a presidential task force that looked into tax problems. Their recommendation: a direct "skimming" of federal tax moneys, perhaps an amount of 1% to 2% of the U.S. budget, for the use of the states as their officials see fit. The idea was shelved by L.B.J. in favor of sharply increasing New Deal-style federal grants-in-aid that were limited for use in education, manpower training or some...
Catch-22. Alan Arkin was transcendent in Mike Nichols' perverse adaptation, which missed the comedy but captured the pure terror of the Joseph Heller novel...
...about his ambition. He wants to be President, and he is working hard at it. For months he has been assembling a broad group of advisers, experts in foreign policy, economics, weapons systems, budgets, social programs. In his shadow Cabinet. Cyrus Vance serves as Secretary of State, Walter Heller as chairman of the Council of Economic Advisers, Paul Warnke as Secretary of Defense...