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President urges budget balance with new taxes to save dollar
President urges quick action to balance the budget through drastic spending cuts and new taxes. He backs extending select excise taxes toward a broader manufacturers tax to restore the dollar's strength while detailing three major duties including relief legislation for unemployment and industrial recovery.
MENTIONED IN THIS ARTICLE
Hoover
Senate
United States
Congress
House
Senate Appropriations Committee
Finance Committee
Senate Finance Committee
Connally
Treasury
Ways and Means Committee
House of Representatives
Secretary of the Treasury