Nixon White House Tapes ›Tape 765 › Conversation 765-001
Nixon, Scott & Ford on Economic Policy and George McGovern
Tuesday, August 8, 1972 · 10:11 AM–10:25 AM ET · Oval Office ·14 min
AI Summary
President Nixon met with Hugh Scott, Gerald Ford, and other key staff to coordinate a political strategy for challenging Democratic nominee George McGovern's economic platform. The group focused on framing McGovern's proposed welfare and budget policies as fiscally irresponsible, arguing that they would necessitate massive tax increases and significantly expand welfare rolls. Nixon instructed his team to emphasize the importance of a $250 billion spending ceiling and expressed his commitment to using the presidential veto to combat excess government spending.
- Economic Policy
- George McGovern
- Taxation
- Federal Budget
- Spending Ceiling
- Veto Power
Audio
Transcript (AI-generated)
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NARA Description
On August 8, 1972, Hugh Scott, Gerald R. Ford, Richard K. Cook, Herbert G. Klein, Thomas C. Korologos, and President Richard M. Nixon met in the Oval Office of the White House from 10:11 am to 10:25 am. The Oval Office taping system captured this recording, which is known as Conversation 765-001 of the White House Tapes.
Nixon Library Finding Aid
Conversation No. 765-1
Date: August 8, 1972
Time: 10:11 am - 10:25 am
Location: Oval Office
Hugh Scott, Gerald R. Ford, Richard K. Cook, Herbert G. Klein, and Thomas C. Korologos met.
Greetings
Ford's operation
-Forthcoming visit to doctor
The President entered at 10:11 am.
-Recovery
Economy
-Taxes
-Defense of Republican program
-Attacks on George S. McGovern’s program
-Tax increases
-$1000 per person welfare proposal
-Defense cuts
-Increase in spending
-Tax increases
-Use of term “wreckonomics”
-Use of phrase “one thousand”
-Example of McGovern jokes in circulation
-Imaginary message from McGovern to Israeli cabinet
-Taxes
-Report on growth of economy
-Employment
-Increases in peacetime jobs
-Decrease in jobs related to war
-Food prices
-Inflation
(rev. Nov-03)
-Budget
-Costs of McGovern's proposals
-$1000 per person welfare proposal
-Amount
-$1000 per person welfare proposal
-Spending ceiling
-Caspar W. (“Cap”) Weinberger
-Democratic platform
-$1000 per person welfare proposal
-Growth of economy
-Spending ceiling
-Cost of Democratic platform
-Cost of $1000 per person welfare proposal
-McGovern's proposals
-Costs to taxpayer
-Spending ceiling
-The President’s view
-Possible tax increases
-Issues
-Daycare
-Poverty
-Children
-Senior citizens
-Tax increases
-Inflation
-Unemployment
-Impact of proposed Democratic budget on US economy
-Welfare costs
-$1,000 per person welfare proposal
-Increase of number on welfare
-Tone of public statements by both parties
-R. Sargent Shriver
-Scott’s view
-Budget
-Department of Health, Education, and Welfare [HEW] and Labor
appropriations bill
-Possible veto by the President
-Spending ceiling
-Possible veto
(rev. Nov-03)
-Legal services
-Jacob K. Javits
-Spending ceiling
-Taxes
-Wilbur D. Mills
-Support of spending ceiling
-Debt limitation
Scott
-Situation in Wilkes-Barre, Pennsylvania
-George W. Romney’s forthcoming trip to Wilkes-Barre
-Milton J. Shapp
Scott et al left at 10:25 am.Also recorded on August 8, 1972
- 765-002 10:25 AM · 11 sec — President Richard M. Nixon and Stephen B. Bull met in the Oval Office of the White House at an unknown time between 10:25 am and 10:30 am.
- 765-003 10:30 AM · 40 sec — President Richard M. Nixon, Hugh Scott, and Herbert G. Klein met in the Oval Office of the White House from 10:30 am to 10:31 am.
- 765-004 10:31 AM · 10 sec — President Richard M. Nixon and unknown person(s) met in the Oval Office of the White House at an unknown time between 10:31 am and 10:33 am.
- 765-005 10:31 AM · 2 min — President Richard M. Nixon and Stephen B. Bull met in the Oval Office of the White House at an unknown time between 10:31 am and 10:33 am.
- 765-006 10:31 AM · 11 min — President Richard M. Nixon, Dixy Lee Ray, Dr. James R. Schlesinger, James Raney, Clarence Larson, William Doub, Dewitt S. Hyde, Marion Reid, Barbara H. Franklin, Dr. Edward E. David, Jr., and Stephen B. Bull met in the Oval Office of the White House at an unknown time between 10:31 am and 10:45 am.
- 765-007 10:45 AM · 14 sec — President Richard M. Nixon and Stephen B. Bull met in the Oval Office of the White House at an unknown time between 10:45 am and 10:58 am.
- 765-008 10:45 AM · 12 sec — President Richard M. Nixon and Stephen B. Bull met in the Oval Office of the White House at an unknown time between 10:45 am and 10:58 am.
- 765-009 10:45 AM · 13 sec — President Richard M. Nixon met in the Oval Office of the White House at an unknown time between 10:45 am and 11:23 am.
Cite this conversation
Conversation 765-001, August 8, 1972. White House Tapes, Richard Nixon Presidential Library and Museum, National Archives. Audio and AI transcript via Easy Nixon, https://www.easynixon.org/tapes/765-001 (accessed September 18, 2026).