Balanced Growth and Economic Planning Act

[AI summary unavailable — showing source text] Balanced Growth and Economic Planning Act - Establishes an Economic Planning Board in the Executive Office of the President. States that the objective of the Board shall be to develop a balanced economic growth plan. Directs that such plan shall include an appraisal of the Nation's economic needs, an evaluation of available national economic resources, assurances of an adequate supply of raw materials and energy, and an outline of economic goals. Directs the Board to acquire the views of all segments of the economy, evaluate the effectiveness of the economic plan and to review major programs and activities of the Federal Government to determine if such programs are consistent with the Board's plan. Authorizes the Board to hold hearings and hire such personnel as necessary to carry out this Act. Creates a Division of Economic Information within the Board for the purpose of gathering information necessary for policy decisions by the Board. States that there shall also be created a Council on Economic Planning whose function shall be to review and revise the growth plan and submit such plan to the President. Gives the Council responsibility for reviewing the purpose made in implementi…