← 128-003130-001 →

Conversation 129-001

TapeTape 129StartWednesday, July 11, 1973 at 10:32 AMEndWednesday, July 11, 1973 at 8:23 PMParticipantsBull, Stephen B.;  [Unknown person(s)]Recording deviceCabinet Room
AI Summary

Stephen B. Bull and unidentified participants met to discuss the fiscal implications of various federal funding mechanisms, specifically focusing on energy policy and utility funding. The discussion emphasized the potential political and economic power wielded through the Highway Trust Fund and the complexities of reallocating such resources. Participants expressed concern regarding the public perception and potential loss of leverage if these established financial structures were dismantled or altered.

Energy PolicyHighway Trust FundFederal FundingPublic FinanceUtility Funds
AudioNARA Description

On July 11, 1973, Stephen B. Bull and unknown person(s) met in the Cabinet Room of the White House at an unknown time between 10:32 am and 8:23 pm. The Cabinet Room taping system captured this recording, which is known as Conversation 129-001 of the White House Tapes.

Nixon Library Finding Aid
Conversation No. 129-1

Date: Unknown between July 11 and July 18, 1973
Time: Unknown between 10:32 am, July 11 and 8:23 pm, July 18, 1973
Location: Cabinet Room

Unknown people met
[Recording begins while the conversation is in progress]

     Energy
          -Funding
               -Utility funds
                     -Cities
               -Taxes
               -Highway trust fund

Stephen B. Bull [?] entered at an unknown time after 10:32 am, July 11, 1973

     Cabinet Room
          -Chair
               -Buzzer signal

Bull [?] left at an unknown time before 8:23 pm, July 18, 1973

Recording was cut off at an unknown time before 8:23 pm, July 18, 1973
Transcript (AI-Generated)

This transcript was generated automatically by AI and has not been reviewed for accuracy. Do not cite this transcript as authoritative. Consult the Finding Aid above for verified information.

There's somebody who's receiving that money and that person isn't very happy about it going away.
It's not a bad thing.
and money from separately funded areas.
We saw this in the cities, and it's also true in the suburbs.
So we have a special fund in those areas, especially in places like the highway business fund.
In the cities, we have utility funds and the highways response.
And if you're in the situation, you can have great, great strength in that area.
And all of those funds, for the purpose of almost the cost of this, to attach in a separate way, that helps to put together funds here, depending on how you account for them.
This whole bust of the highway trust fund discussion, it's an incredible discussion that I hope you account for, and you treat that in part over time, because once it's broken, once it goes, then that whole restraint and power that I don't think is going to be shown to the general public.
You would resist the abrasion on your self?
No, that's right.
I'm sure that you get into energy problems, pollution problems, and so forth, and it becomes very powerful.
Very powerful voices from the other side.
Thank you for talking to me.
Thank you.
Thank you.
Excuse me, can I ask you a question?
I've got a question going on here.
It works.
It works.
There you go.
you
Thank you.
you
BEEP
Thank you.
Thank you.
BEEP
you
Thank you.
you
Thanks for watching!
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Teksting av Nicolai Winther
Teksting av Nicolai Winther
Teksting av Nicolai Winther
Teksting av Nicolai Winther
Teksting av Nicolai Winther
Teksting av Nicolai Winther
Teksting av Nicolai Winther
Teksting av Nicolai Winther
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Teksting av Nicolai Winther
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Diolch.
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Diolch yn fawr am wylio'r fideo.
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