Deficit Projection For 1950-51 Reported By Senator George
Senator Georgia George announced best estimates show a government deficit of 14 billion dollars for the 1950 and 1951 fiscal years. He cited Joint Committee staff figures predicting federal income of 36.6 billion this year and 45.279 billion in 1951, leaving a shortfall of 6.7 billion for 1950 and 37.3 billion for 1951. President Truman’s budget message estimated 5.8 billion and 5.1 billion deficits respectively.
MENTIONED IN THIS ARTICLE
Washington
F George
Georgia
Senate
Truman
George
Truman's Ex Adviser Criticizes Deficit Spending
Former presidential economic adviser Fewin G Nourse slams the administration's deficit spending as dangerous to the economy's solvency. He warns the policy blocks inflation control, urges getting back to balanced budgets now, and says critics branded him a fuddy dudey for taking the stance.
MENTIONED IN THIS ARTICLE
Detroit
Fewin G Nourse
Nourse
Saia
Rexall One-Cent Sales Probed by FTC
The Federal Trade Commission ordered Rexall Drug Company and Owl Drug Company, both based in Los Angeles, to stop misrepresenting prices in one cent sales. They warned against stating two units cost one cent more than one unit when the single unit price is higher than its usual selling price. The article notes a historic calendar reference about 47 B C.
MENTIONED IN THIS ARTICLE
Washington
Feastal ‘Trade Commission
Rexall Drug Company
Owl Drug Company
Los Angeles
Also Mentioned on This Page
Dial 8302
FIC
Rexall
Jorles Ole Raster Towle
King Richard Towles
Kee -E
Towles
Vewellay
Texas
San Jacinto
First National Bank
the Peoples State Bank
Citizens National Bank & Trust Company
Penney’s
Penney
THE
Baytown Sun
Penney's
McCoy
S.M.L
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!