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Taft Optimistic on Budget Cuts and Flood Losses
Taft said Congress can trim civilian spending by 1.5 to 2 billion dollars while preserving military outlays to balance the budget starting July 1. He noted defense estimates and a 72 billion dollar annual level as a base, with further cuts possible to reach balance. Lovett urged caution to protect military readiness.
MENTIONED IN THIS ARTICLE
Catania
Sicily
Washington
Sen
Taft Taft
Tal
Ohio
Wilson
Tru-tary
Taft
Senate
Truman
Robert A. Lovett