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Long Beach Press Telegram in Long Beach, California

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This newspaper page contains 3 articles. Subscribers can read the full text of each article.

Newspaper

Long Beach Press Telegram

Location

Long Beach, California, United States of America

Date

Jan 17, 1955

Page

3

Eisenhower presses cost sharing in civilian budget plan

President Eisenhower urged cost sharing across civilian programs in his budget including roads aviation shipbuilding and natural resources He announced a special commission to study veterans benefits costs and floated a controversial foreign aid package totaling about 1 000 million for the coming year with heavy funding for military assistance to allied nations and indirect support to Indochina Formosa and Korea amid forecasts of 1955 personal income growth.

Eisenhower Veterans’ Benefits Cos Caner Eiserhower U.S Formosa Karen Wll Congress Indy Itumphrey Nea Tenessee Valley Authority TVA Atomic Energy Commission Mississippi Valley Generating Co Dixon-Yates Fisenhower

Eisenhower Proposes 1956 Budget With Deficit and Tax Plans

President Eisenhower submitted a 62.4 billion dollar budget for fiscal 1956 proposing a small deficit of about 2.4 billion. He aims to keep current tax rates, extend relief measures, and boost atomic energy and defense outlays while predicting higher receipts to support growth and a balanced longer term budget outlook.

Tion Eisenhower

Eisenhower outlines 1956 defense and domestic budgets

President Eisenhower presented a 1956 budget plan totaling about 34.1 billion dollars for military functions, with defense spending slightly below 1955 and 6% less than fiscal 1954. Navy, Army, and Air Force allocations were noted, while calls for stronger continental defense, expanded nuclear military research, and increased foreign aid accompanied a push for civilian partnership across federal and state programs. A commission on veterans pensions was proposed with a 300 thousand dollar budget.

Roux Army Navy Air Force Eisenhower Korea Mey Mika Yes- D Lesterday United States U. S Asia Wornmens Eiserhower

Also Mentioned on This Page

Lisenhower Coast Guard Washington UPI Teisenhower Defense Department New Defense Bress Natural Resources Sorace Eumlau Florsheim Soparneits Mens Sroe Sea Long Beach Pine Ave Inglewood S. Market St Huntington Park Pacific Blvd Glendale N. Brand Blvd F Co Lakewood May Co
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