Pub. L. 90-218, tit. II, sec. 201

Sec. 201. In view of developments which constitute a threat to the economy with resulting inflation, the Congress hereby finds and determines that, taking into account action on appropriation bills to date, Federal obligations and expenditures in controllable programs for the fiscal year 1968 should be reduced by no less than $9 billion and $4 billion, respectively, below the President’s budget requests. The limitations hereafter required are necessary for that purpose.