A resolution to oppose the implementation and enforcement by the President of a program of wage and price controls not specifically authorized by statute.

[AI summary unavailable — showing source text] Declares that the Congress opposes the President's promulgation of wage, price, or other economic stabilization standards enforced by a direct or implied threat that compliance with such standards by unions, industries, or other private economic groups will be materially considered in the exercise of administrative discretion by Federal agencies.…