Jackson Seeks Bigger Federal Role Without Tax Hikes
Democratic candidate Henry M Jackson promotes a larger, more expensive federal government funded without raising income taxes. He cites a plan adding about 34 billion to the budget over four years plus a new 420 million annual deduction, asserting economic growth will generate needed revenue and unemployment must be sharply reduced.
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Jackson on jobs plan and federal aid in interview
In a interview at AP headquarters Jackson promotes a $20 billion public works program and a major energy investment, arguing revenue grows with fuller employment. He supports a threefold rise in federal welfare and education funding, totaling about $15 billion more, funded by expected revenue gains. He cites industry inventory and investment as keys to turning the economy around.
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National Energy Mobilization Board
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