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Fowler Won't Say If Tax Hike Will Be Needed
Secretary Henry Fowler testified before the Senate Finance Committee that it is not yet known whether a tax increase will be required to finance the Viet Nam war. He defended the House tax bill aimed at quick Senate approval while noting one shot revenue items and continuing mortgage sales. He rejected calls to delay the bill for fuller war-financing analysis and warned against misreading budget deficits.
MENTIONED IN THIS ARTICLE
Washington
Secretary of the Treasury
Henry HB. Fowler
Senate
Viet Nam
Fowler
Finance Committee
John J. Williams
Delaware
Williams
Johnson
Vance Hartke
D-Ind
Congress
Hartke
Defense Robert S. McNamara
Charles L. Schultze
McNamara
Schultze
William B. Widnall
R-N.j
Federal National Mortgage Association
Paul H. Douglas
D-Ii
Wallace F. Bennett
Stanley S. Surrey
the Treasury
Bennett