Pay as we fight Vietnam war funds split by tax and debt
The article analyzes financing the Vietnam War, arguing most costs come from current taxes and borrowing. It cites a $49 billion three year estimate for 1966-68, with about $25 billion from taxes and $24 billion from debt, and compares past wars’ financing to show how pay-as-you-go impacts the economy and postwar debt.
MENTIONED IN THIS ARTICLE
House
Ways and Means Committee
Treasury
Henry BR. Fowler
Vietnam
Clude
Fowler
Ways and Meats Committee
Johnson
Congress
Henry
Reuss
D-Wis
Thomas B. Curtis
R-Mo
Curtis
Federal Reserve
Missouri Republican
Unfavorable Reports Discouraged U.S. Polishing Image of S Viet Army
In Saigon, U S military leaders press a campaign to emphasize positive actions of the South Vietnamese army while downplaying failings. Westmoreland officials say the aim is to boost morale and support pacification. Critics warn of over-optimism and eroded credibility amid corruption and inertia within Vietnamese forces.
MENTIONED IN THIS ARTICLE
Saigon
U.S
William C. Westmoreland
Rodger R.bankson
Westmoreland
Washington
Gener
Senate Bill Fail on California Bail Bond Reform
The Senate Judiciary Committee killed a bill to overhaul bail bond procedures in California. Sponsor Sen George R Moscone sought a system like the federal courts adopted in 1966 allowing release on own recognizance or unsecured appearance bond unless the court rules otherwise. Opponents argued current law already works and no reform is needed.
MENTIONED IN THIS ARTICLE
Sacramento
UPS
Senate Judiciary Committee
California
Sen
George R. Moscone
San Francisco
Mother of Viet Dead to LBJ Win or Quit
Detroit area mother Alfred Jane of Fraser wrote to President Johnson after learning her son Thomas Lane 23 Navy hospital corpsman was killed in Vietnam. She demanded the war be fought to win or the United States pull out. Lane enlisted 1964, trained in pharmacy, then attached to a Marine unit last September in Vietnam.
MENTIONED IN THIS ARTICLE
LBJ
Detroit
Vietnam
Johnson
Alfred Jane
Fraser
Navy Hospital
Thomas Lane
Lane
Navy
Santego
Also Mentioned on This Page
FES
Wallington
UPI
Johnsons
Demilitarized Zone
Mately
Dmz
South Vietnam
Ehale
R. W. Apple JR
New York Times Service
Creighton W. Abrams Jr
Army
HI Corps
Cal
Cecil B. Honeycutt
25Th Infantry Division
Honeycutt
Phan Trong Chinh
South Carolina National Guard
Senate
Pulte
Ullelell
Mon Ani Dad
Graquation
Hrother
Smith-Corona Electric
Royals
Broadway
Ine
Dooley
Cate
Pensione
Chetek 288
Stem Heal
Itag Iti
Beach
Dooley’s
Westinghouse
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