Page:United States Statutes at Large Volume 92 Part 2.djvu/615

 PUBLIC LAW 95-523—OCT. 27, 1978

92 STAT. 1895

Report of the President required under section 705(a) of the Comprehensive Employment and Training Act of 1973 (herein- Post, p. 2021. after in this Act referred to as ' C E T A '); and "(C) make recommendations, as deemed necessary, to the Congress related to the objectives of this paragraph. "(g)(1) The term 'middle-aged and older persons' as used in this Definitions, section includes any individual forty-five years of age or older. "(2) For purposes of this subsection, the term 'veteran' shall mean the same as defined in section 2011(1) or (2)(A) of title 38, United States Code.". PROVISIONS APPLICABLE TO SHORT-TERM AND MEDIUM-TERM GOALS

SEC. 105. The Employment Act of 1946 is amended by adding a new section 5 as follows: " PROVISIONS A P P L I C A B L E TO SHORT-TERM AND MEDIUM-TERM GOALS

"SEC. 5. (a) To aid in determining the short-term and medium- Analysis, term goals for employment, production, real income, and prices, 15 USC 1022b. analysis shall be presented in the Economic Report with respect to major aspects of the appropriate composition or structure of each goal, and as to the appropriate apportionment of total national production among its major components (private investment, consumer expenditures, and public outlays) as affected by relative income flows and other factors, in order to promote balanced growth and a balanced Federal budget, reduce cyclical disturbances, and achieve the other purposes of this Act and the Full Employment and Balanced Growth Act of 1978. Ante, p. 1887. "(b) In choosing means to achieve the goal for the reduction of unemployment and choosing means to achieve the goal of reasonable price stability, those means which are mutually reinforcing shall be used to the extent practicable.". NATIONAL PRIORITY POLICIES AND PROGRAMS REQUIRED FOR FULL EMPLOYMENT AND BALANCED GROWTH

S E C 106. The Employment Act of 1946 is amended by adding a new section 6 as follows: " N A T I O N A L PRIORITY POLICIES AND PROGRAMS REQUIRED FOR F U L L EMPLOYMENT AND BALANCED GROWTH

"SEC. 6. To contribute to the achievement of the goals under the 15 USC 1022c. Full Employment and Balanced Growth Act of 1978, the President's Budget for each fiscal year beginning after the date of enactment of the Full Employment and Balanced Growth Act of 1978 shall include priority policies and programs, which shall include, to the extent deemed appropriate by the President, consideration of the following— "(A) development of energy sources and supplies, transportation, and environmental improvement; "(B) proper attention to the problems and needs of smaller businesses including (i) the availability of investment capital, management and technical expertise, and technology and labor needs, (ii) analysis of economic and social trends which may affect smaller businesses, (iii) government policies and programs

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