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Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
Jan 29, 1968
Page
1
President Johnson calls for a 10 percent surcharge on income taxes with retroactive and effective dates for corporations and individuals to reduce a near 20 billion dollar 1969 deficit. Secretary Fowler warns failure to act could trigger a recession and higher inflation.
The Vietnam War consumes the bulk of the 1969 defense budget, about 25.8 billion for Vietnam within a 79.1 billion defense outlay. Pentagon plans cut the services from 101.4 to 79.1 billion, with pay raises for 525,000 troops and new weapons systems including missiles, submarines, and bombers.
The 1969 welfare budget to Congress raises maternal and child health by 54.7 million but cuts overall federal welfare by 3 percent, denying funds to about 475000 recipients. A 24 million push expands family planning to reach one million indigent women. States must offer family planning services from July 1 but cannot compel participation.
The federal budget requests 2.9 million dollars for the Eisenhower Lock repair at Massena in winter of 1968 69 as part of a 13.1 million program to fix the deteriorating lock. The plan forecasts six years of work with $8.1 million more in 1969 70.
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