Ford passes a tax cut of 5% on the bottom four brackets, raises the salary of all military by 20%, and increases the welfare spending by 15.5%. This agreement with the Democrats allows the economy to quickly recover, with unemployment hitting 4% in 1978. Ford receives a 54-seat majority in the Senate, as well as 181 seats in the House. Once unemployment hits 3.5% in 1979, he cuts the welfare increase and raises the top four brackets rates by 6% and the bottom four by 3%, creating a near-balanced budget. A sales tax of 16.5% is passed, 59-39 in the Senate and 220-211 in the House, allowing the budget to be fully balanced. With Ford also pledging a 40% increase in NASA spending, another moon landing takes place in August of 1980.
291: Senator Mark Hatfield/Attorney General Edward Brooke - 48.0%
247: Senator Howell Heflin/Fmr. Governor Reubin Askew - 43.6%
Shirley Chisholm/La Donna Harris - 6.1%
Others - 2.3%