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Interest On National Debt Begins To Hurt
The piece notes rising federal spending and debt interest hurting budgets in 1961. It details higher outlays for veterans labor welfare education reclamation security programs and agriculture, with projected deficits and a larger cash surplus offset by debt interest. It cites Eisenhower era figures on receipts expenditures and expected growth in GDP and tax revenue.
MENTIONED IN THIS ARTICLE
New York
Treasury
U.S
Agriculture Department
Sam
Eisenhower
Speary