Truman seeks expanded power for price and wage controls
President Truman asks Congress on July 19 for authority to tax higher, regulate credit and real estate, and grant government first access to scarce materials for defense. Democratic leaders rush bills into the House, while others call for broader controls on prices wages and rents. Some Democrats push for stand-by authority. a rushed bill faces scrutiny as House debate continues and Senate committee weighs similar measures.
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Congress
Truman
Democrats
Bernard Baruch
Trumai
Rep. Kunkel
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