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 · 1 min

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 ↗

AI Summary

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.

Federal budget
Fiscal policy
Economic strategy
Political unpopularity
Budget cuts

Audio

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This clip was extracted from the full tape recording by Easy Nixon.

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Position in tape: 03:15:25 – 03:16:31

part B, 1:15:28

346a.mp3

346b.mp3

NARA Description

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.

Nixon Library Finding Aid

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.

Transcript (AI-generated)

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 Do not cite it as authoritative — verify against the audio and the finding aid.

Download transcript (.txt) · JSON data

Click a timestamp to play from that point; the page address then links to that moment (e.g. #t=125).

You sure have to do it.

You sure do.

God, the way this thing grows.

That's how, well, I don't need love.

I don't need love.

First year or the second term?

First year or the second term.

And then you have to take the unpopular and the hell with it, not working on it.

Sad, background, blind.

So you have to take one military writer or one reporter or somebody like that at some point.

when you're eliminating them out of the cycle of the president's seat or something more than that.

Also recorded on June 28, 1972

346-011 3:09 PM · 19 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 · 57 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 · 1 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.
346-016 3:30 PM · 38 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 · 38 sec — 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.

All 39 conversations from June 28, 1972 →

Nixon, Haldeman & Connally on US economy and Wage and price controls August 6, 1971 · 53 min
Nixon phone call with Connally on Economic Policy and Tax Reform September 7, 1971 · 5 min
Nixon, Connally & Richardson on Social Security and Medicare March 10, 1972 · 31 min
Nixon, Shultz & Agnew on Federal Budget and Inflation July 21, 1972 · 29 min
Nixon, Cost of Living Council & Shultz on Economic Stabilization Program August 10, 1972 · 1 hr 23 min
Nixon, Dent & Weinberger on Vietnam War and Cease-fire agreement January 23, 1973 · 22 min

Cite this conversation

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 November 14, 2026).