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Conversation: 642-023

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Start Date: 3-Jan-1972 11:00 AM

End Date: 3-Jan-1972 11:08 AM

Participants:

Nixon, Richard M. (President)Shultz, George P.

Recording Device: Oval Office

Full Tape Conversation Start Time: 04:03:20

Full Tape Conversation End Time: 04:12:04

642a.mp3

642b.mp3

642c.mp3

NARA Description:

On January 3, 1972, President Richard M. Nixon and George P. Shultz met in the Oval Office of the White House from 11:00 am to 11:08 am. The Oval Office taping system captured this recording, which is known as Conversation 642-023 of the White House Tapes.

Nixon Library Finding Aid:

Conversation No. 642-23

Date: January 3, 1972
Time: 11:00 am - 11:08 am
Location: Oval Office

The President met with George P. Shultz.

     Budget
         -Health Bill
              -Medicare
                    -Present waiting period provision on costs
                         -Views of Caspar W. (“Cap”) Weinberger, Elliot L. Richardson,
                               John D. Ehrlichman and Shultz
                    -Sharing costs
                         -Waiting period
                         -Views of the elderly
                    -Ways and Means Committee and House Resolution [HR] 1
                         -Waiting period
                               -Senate Finance Committee
                               -Richardson's position
                                         36

                     NIXON PRESIDENTIAL MATERIALS STAFF

                                 Tape Subject Log
                                   (rev. 10/06)
                                                                Conv. No. 642-23 (cont.)


                                -Elderly
                           -Weinberger's position
                                -Cost
                -Richardson
                     -Day care bill
                     -Herman E. Talmadge bill
                     -The President’s view
                     -Memorandum
                     -Constituency
                -Shultz’s proposal to the President
                     -Reasons
                           -Expense
                           -Weinberger’s view

The President's schedule
     -Forthcoming meeting with Shultz and Weinberger
          -Budget

National economy
     -Projections
           -Gross National Product [GNP]
                -Base adjustment
                -Range of error

Council of Economic Advisors [CEA]
    -Herbert Stein and Ezra Solomon
    -Possible woman member
    -Marina von N. Whitman
           -Stein's view
           -John B. Connally's view
           -Stein
           -H. R. (“Bob”) Haldeman's forthcoming call to Connally
                 -Woman member
                       -Political advantage
    -Woman member
           -Connally's view
                 -Forthcoming call from Shultz
                       -Political advantage
                             -Supreme Court
                       -Stein
    -Whitman
                                              37

                           NIXON PRESIDENTIAL MATERIALS STAFF

                                      Tape Subject Log
                                        (rev. 10/06)
                                                                  Conv. No. 642-23 (cont.)


                 -Price Commission
                 -International economics
                       -Treasury Department staff
                 -Kenneth W. Dam's views
                 -John [D. Ehrlichman?]
                 -Paul W. McCracken's views
                 -Appearance

     The President's interview with Dan Rather, January 2, 1972
          -Camera angles
               -The President's appearance

Shultz left at 11:08 am.