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Budget Bureau Plans Two Percent Spending Cut Over Five Years
Budget Bureau aims to trim expenditures by about two per cent annually for five years to pave the way for a pending tax reduction proposal. Officials caution cuts must avoid harming efficiency, particularly in War and Navy, and note the five year plan would span a $1.7 billion annual operating cost with potential $51 million annual savings.
MENTIONED IN THIS ARTICLE
Robert S. Thornburgh
Intarnational Hews Service
Washington
Congress
Bureau of the
Treasury
Coolidge
Budget Bureau
Postoffice
War and Navy Departments
War Department