Ike Budget Proposals Call for Tax Hikes and Debt Increase
The edition outlines President Kennedy's 1960 budget plan advocating extending tax rules, raising certain excises, and increasing the debt ceiling to cover heavy borrowings. It calls for higher gasoline and aviation fuel taxes, plane fare adjustments, and stronger wartime cost controls. Additional items include urban renewal funding, housing, labor safeguards, and welfare financing reforms, with Hawaii statehood and DC home rule noted.
Eisenhower budget seeks $1.9 billion in new cuts and taxes
President Eisenhower proposes more than 1.9 billion dollars in new or increased taxes, fees, and postal charges in a broad budget plan. Increases include a 3.4 to 4.4 cent rise in the federal gasoline tax, higher postal rates, aviation fuel taxes, and adjustments to farm and consumer cooperatives plus insurance and government service charges. The plan anticipates impacts on motorists, airline travelers, pilots, farmers, and general consumers.
MENTIONED IN THIS ARTICLE
Congress
Veterans Administration
FHA
Washington
Eisenhower
Fort
Financial House
Maurice H. Stans
E. R. Quesada
Federal Aviation Agency
Fife Insurance Companies
Treasury
Per Capita 1960 Budget Totals 431 Dollars
The Admiration reads a fiscal 1960 budget totaling 431 dollars per person, compared with 160 dollars in the current year. President Disenhower forecasts a national debt of about 285 billion dollars at the start and end of fiscal 1960, with population projections near 178.7 million raising per capita debt to about 1,594 dollars.
MENTIONED IN THIS ARTICLE
Congress
Washington
Disenhower
Three Women Implicated in Pike Area Robberies
A string of strong-arm robberies in the Pike area has led police to arrest three young women believed to act as lures for sailors. Eva Ivon Smith 22 Barbara Joan Furman 19 and Matt Douglas Wilson 19 were booked on robbery charges along with four men. Sailors John Calvin Smith Fred Joe Booth Harley A Sutton and George F Reed were held on the same charges. The scheme allegedly involved luring sailors to parked cars then being assaulted and robbed.
MENTIONED IN THIS ARTICLE
Eva Ivon Smith
Barbara Joan Furman
Matt Douglas Wilson
Nepel
Jhe
Tito and wife sail from India to Ceylon
Yugoslav president Tito and his wife departed India after a six day visit and a prior stop in Indonesia and Burma. He journals a neutral stance in the cold war and continues to Asia, visiting governments that share that policy.
MENTIONED IN THIS ARTICLE
Madhas
India
Tito
Hla Whic
Ceylon
Asia
Indonisia
Burma
Lawrene Calls L A Selection Stupid For 1960 Demo Meet
Gov elect David L Lawrene denounced selecting Los Angeles for the 1960 Democratic national convention. He argued West Coast sessions at 9 p.m. would keep eastern voters in bed as the event unfolds.
MENTIONED IN THIS ARTICLE
Los Angeles
Paul Butler
Edwin W. Pauley
Nance
State Museum of Science and Industry
David L. Lawrene
Lawrence
West Coast
Pravda backs Castro killings war crimes claim
Moscow dispatch reports Pravda endorses Fidel Castro's execution of those termed Cuban war criminals. The article accuses U S circles of defending Batista supporters and questions why humanity is invoked only after crimes are punished.
MENTIONED IN THIS ARTICLE
Moscow
Travada
Fidel Castro
United States
Fulgencin Batista
Communist ‘Party
Mexico City
Chichkay
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