He was sworn in as the nation's 41st vice president on December 19, 1974. Prior to Rockefeller's confirmation, Speaker of the House Carl Albert was next in line to the presidency. Ford promised to give Rockefeller a major role in shaping the domestic policy of the administration, but Rockefeller was quickly sidelined by Rumsfeld and other administration officials. Two months later, Ford proposed a 1-year tax reduction of $16 billion to stimulate economic growth, along with spending cuts to avoid inflation.
1974.
1974.