Nixon White House Tapes › Tape 346 › Conversation 346-012

Nixon & Kissinger on Federal budget and Fiscal policy

Wednesday, June 28, 1972 · 3:09 PM–3:15 PM ET · Old Executive Office Building

ParticipantsNixon, Richard M. (President); [Unknown person(s)]; Kissinger, Henry A.Conversation346-012 on Tape 346 (tape position 03:15:25–03:16:31)StartWednesday, June 28, 1972 at 3:09 PMEndWednesday, June 28, 1972 at 3:15 PMRecording deviceOld Executive Office BuildingSourceNixon Library record for 346-012 ↗

President Nixon and Henry Kissinger discuss strategies for managing federal budget cuts within a comprehensive framework to ensure economic balance. They evaluate the political risks of these fiscal measures, specifically weighing the necessity of unpopular decisions against their potential ineffectiveness. The conversation centers on the implementation of these cuts over a two-year period to mitigate negative impacts on various societal sectors.

Download MP3 (part 1) · 111.8 MB ·Download MP3 (part 2) · 105.7 MB

This conversation has not yet been cut into its own clip, so the player above contains the full tape segment shared with neighbouring conversations. It begins about 03:15:25 into the tape and ends around 03:16:31.

This transcript was generated automatically by AI (WhisperX) and has not been reviewed for accuracy. Names and numbers are often wrong; speakers are not identified. Do not cite it as authoritative — verify against the audio and the finding aid.

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3:15:25Any cuts that I propose will be a part of a comprehensive package so that we can balance treatment and that we don't duly have any sector of the society or the economy.
3:16:16First year and second year.
3:16:19And then, you have to take the unpopularity to how it's not working.
3:16:26Sad, background, blind.

On June 28, 1972, President Richard M. Nixon, unknown person(s), and Henry A. Kissinger met in the President's office in the Old Executive Office Building at an unknown time between 3:09 pm and 3:15 pm. The Old Executive Office Building taping system captured this recording, which is known as Conversation 346-012 of the White House Tapes.

Conversation No. 346-12

Date: June 28, 1972
Time: Unknown between 3:09 and 3:15 pm
Location: Executive Office Building

The President met with an unknown man.

     The President's schedule

The President talked with Henry A. Kissinger.

[Conversation No. 346-12A]

     Kissinger's schedule
          -Meeting with President
                -Time

[End of telephone conversation]

     The President's schedule

The unknown man left at an unknown time before 3:15 pm.
  • 346-011 3:09 PM · 16 sec — President Richard M. Nixon and Henry A. Kissinger met in the President's office in the Old Executive Office Building at an unknown time between 3:09 pm and 3:15 pm.
  • 346-013 3:09 PM · 54 sec — President Richard M. Nixon and unknown person(s) met in the President's office in the Old Executive Office Building at an unknown time between 3:09 pm and 3:15 pm.
  • 026-048 3:15 PM · 8 sec — President Richard M. Nixon and the White House operator talked on the telephone at 3:15 pm.
  • 346-014 3:15 PM · 14 min — President Richard M. Nixon, Henry A. Kissinger, Marjorie P. Acker, White House operator, Alexander M. Haig, Jr., and unknown person(s) met in the President's office in the Old Executive Office Building from 3:15 pm to 3:30 pm.
  • 346-015 3:30 PM · 57 sec — President Richard M. Nixon and Manolo Sanchez met in the President's office in the Old Executive Office Building at an unknown time between 3:30 pm and 3:34 pm.
  • 346-016 3:30 PM · 35 sec — President Richard M. Nixon and Manolo Sanchez met in the President's office in the Old Executive Office Building at an unknown time between 3:30 pm and 3:34 pm.
  • 346-017 3:30 PM · 2 min — President Richard M. Nixon and H. R. ("Bob") Haldeman met in the President's office in the Old Executive Office Building at an unknown time between 3:30 pm and 3:34 pm.
  • 346-018 3:30 PM · 2 min — President Richard M. Nixon and Manolo Sanchez met in the President's office in the Old Executive Office Building at an unknown time between 3:30 pm and 3:34 pm.

Conversation 346-012, June 28, 1972. White House Tapes, Richard Nixon Presidential Library and Museum, National Archives. Audio and AI transcript via Easy Nixon, https://www.easynixon.org/tapes/346-012 (accessed September 30, 2026).