Truman's Page One Address Warns on Budget and Freedom
The president urges restraint and sacrifice to meet domestic needs and fund defense. He argues for stronger resolve against the Kremlin, warning against economic aid as a cover for imperialistic aims and stressing the need to keep taxes and debt in check while preserving alliance security.
MENTIONED IN THIS ARTICLE
Kremlin
Russia
Eisenhower
United States
NATO
Presi
Sound
Tax Cut Hopes Dim in 58 Conference Warnings
Washington telegraph notes congressional observers say tax relief prospects dim for 1958 as Mills warns against hasty cuts. Delegation heads to Paris with bipartisan aim to shield defense spending and check inflation while NATO seeks shared scientific and economic resources.
MENTIONED IN THIS ARTICLE
Washington
Congressional
Paris
American Tax Foundation
New
York City
Wilbur D. Mills
D-Ark
Democrat- Treasury
Congress
House
Ior
Sam Rayburn
Mills
Lyndon Johnson
Senate
Gettysburg
Prestie
Manuja
James
Hagerty
Tie Krem-lin
NATO
Ste Ing
Bejvenson
Johnson Sen
Dean
Acheson
Averell Harriman
Chester Bowles
Thelfuj
Heck Urges State Counterpart to Federal Full Employment Act
He urged New York lawmakers to craft a state counterpart to the Federal Full Employment Act to guard against a deficit if tax receipts fall and to avoid inflation. Campbell and assembly Republicans proposed a three-part plan including a state economy committee, defense production financing, and a watchdog body to study economic conditions and recommend remedial action. The proposal also covered traffic safety, parking, and compulsory automobile insurance reforms, aiming to coordinate regional growth and prevent wasteful local delays.
MENTIONED IN THIS ARTICLE
Treasury
York
Assembly
Heck
A. Campbell
Amsterdam
Campbell
Fure
Jones
Cpn
Syra
Republi
Hecki
Senate
Posal
Uni
Com-1
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