Public Law 95-523
E259876
Public Law 95-523 is the formal designation of the Full Employment and Balanced Growth Act of 1978, a U.S. federal law aimed at promoting full employment, economic growth, and reasonable price stability.
All labels observed (1)
| Label | Occurrences |
|---|---|
| Public Law 95-523 canonical | 2 |
Statements (46)
| Predicate | Object |
|---|---|
| instanceOf |
United States federal statute
ⓘ
macroeconomic policy law ⓘ |
| affects |
Federal Reserve reporting obligations
ⓘ
executive branch economic planning ⓘ |
| alsoKnownAs |
Full Employment and Balanced Growth Act of 1978
ⓘ
surface form:
Humphrey–Hawkins Full Employment Act
|
| amends | Employment Act of 1946 ⓘ |
| appliesTo | United States economy ⓘ |
| branch | legislative branch of the United States government ⓘ |
| codifiedIn | Title 15 of the United States Code ⓘ |
| coSponsor | Augustus F. Hawkins ⓘ |
| country |
United States of America
ⓘ
surface form:
United States
|
| enactedBy |
Ninety-fifth United States Congress
ⓘ
surface form:
95th United States Congress
|
| focusesOn |
balance of trade
ⓘ
economic growth ⓘ employment levels ⓘ inflation control ⓘ |
| historicalContext | post-1970s stagflation policy response ⓘ |
| jurisdiction |
United States government
ⓘ
surface form:
federal government of the United States
|
| language | English ⓘ |
| legislativeChamberOfOrigin | United States House of Representatives ⓘ |
| officialName | Full Employment and Balanced Growth Act of 1978 ⓘ |
| policyArea |
employment policy
ⓘ
fiscal policy ⓘ macroeconomic policy ⓘ monetary policy ⓘ |
| primaryGoal |
promote balanced economic growth
ⓘ
promote balanced growth in foreign trade ⓘ promote full employment ⓘ promote reasonable price stability ⓘ |
| publicLawNumber | 95-523 ⓘ |
| requires |
coordination of monetary and fiscal policies
ⓘ
establishment of medium-term economic goals ⓘ formulation of a National Economic Policy ⓘ periodic economic reports by the Federal Reserve ⓘ periodic economic reports by the President ⓘ |
| setsTarget |
full employment with unemployment rate not exceeding specified goals
ⓘ
reduction of inflation to reasonable price stability ⓘ |
| shortName | Humphrey–Hawkins Act ⓘ |
| signedBy | Jimmy Carter ⓘ |
| signingDate | 1978-10-27 ⓘ |
| sponsor | Hubert H. Humphrey ⓘ |
| status | in force ⓘ |
| subjectOf | United States macroeconomic policy debates ⓘ |
| title |
Full Employment and Balanced Growth Act of 1978
ⓘ
surface form:
Full Employment and Balanced Growth Act
|
| typeOfGoal | nonbinding economic targets ⓘ |
| yearEnacted | 1978 ⓘ |
Referenced by (2)
Full triples — surface form annotated when it differs from this entity's canonical label.