Nixon White House Tapes — Conversation 293-006 Date: Wednesday, November 17, 1971 at 1:27 PM Participants: Nixon, Richard M. (President); Bull, Stephen B.; Ehrlichman, John D. Recording device: Old Executive Office Building Source: https://www.easynixon.org/tapes/293-006 This transcript was generated automatically by AI (WhisperX) and has not been reviewed for accuracy. Do not cite it as authoritative. [9:21] I'm working on the speech. [9:22] I've got some things ready. [9:24] Yeah. [9:25] Go. [9:50] You're not going to be able to find it. [9:52] You've got to give it that much. [10:16] Is that the one that provides for a takeover of everything above or under 25%? [10:20] Yeah. [10:20] That's good for a reference sheet. [10:31] This is the house . [10:36] I don't know about males in history. [10:45] I'm not going to be able to do that, so I'm going to have to go around. [10:57] That's the problem. [10:58] You can't go over that task first. [11:01] I'm not being concerned about that. [11:03] On the ground, frankly, I don't think HR1 is going to make one. [11:07] No. [11:08] Why don't we play that game? [11:09] I mean, I think looking at it very realistically, I don't think you're going to be able to... [11:17] If this amendment passes, I mean, I cannot be in a position, John, of vetoing the tax bill because of everything else in it. [11:23] Is that what the recommendation would be, to veto the amendment? [11:26] I guess I have to say, in fact, what you and I know is that [11:38] It may be one of those things where we have to grin and bear it, you know, with the idea that maybe it's just one space. [11:46] It may be the way we get rid of the stimulus that we're going to go through reverent sharing, right? [11:55] So you come down to this. [11:56] But what does it gain as we commit this person? [11:59] Does he give up on his amendment? [12:05] Then what happens if he gives up on his amendment? [12:09] All that we do by getting up, by going to Percy, is to move up to the effective day-to-day trial. [12:13] We don't change any principles. [12:17] I agree. [12:19] Okay, then let's try it. [12:22] Don't you think so? [12:25] See, I think that's where we are. [12:27] Let's be quite realistic. [12:28] We cannot be COVID taxpayers. [12:31] I mean, I just can't do that, because other than that, the auto-excise is going to be [12:38] I think we ought to get out of this terrible situation. [12:42] I mean, this has been terrible. [12:45] I wasn't here to wait for Reagan. [12:49] I'm pretty sure he didn't. [12:53] I don't know. [12:54] I don't understand much of what he's doing. [13:07] I see. [13:08] But he's not four persons in that. [13:26] Well, of course not. [13:32] So why this doesn't happen is the wrong way to do it. [13:38] On the other hand, so therefore we ought to try to meet the amendment and pay what price we have to pay, don't you think? [13:50] The evil in Percy changed. [13:56] I mean, in Percy, that's what I mean by meeting and pay what price we need to not to have an amendment because the alternative is to have the amendment. [14:07] Let's see what happens to HR1. [14:11] Something may happen to it. [14:13] Or do we feel something may, right? [14:16] Is this network just gonna make something that's already bad a little worse? [14:32] But isn't it worse, I mean, in front of this thing? [14:35] of having what you call this one-time re-administration business, which is bad business. [14:39] It isn't helpful, but they didn't do it. [14:41] It's intolerable in terms of the revolutionary thing. [14:44] They just want to bail out the governor and so forth. [14:48] Don't you think so? [14:49] That's my opinion. [14:50] All right. [14:52] Reagan's against it, too. [14:53] Yeah, he said he was against it. [14:58] Mainly because it's open-ended, as he puts it. [15:00] That's his argument. [15:02] He's against it on principle. [15:04] Okay.