Byrd Warns Military Spending Could Hit 60 to 70 Billion
Senator Byrd of Virginia said military needs will push federal outlay to 60 to 70 billion dollars yearly with taxes falling short by about 10 billion. He noted prewar costs were around 40 billion and discussed the one package appropriations bill of 34.237 billion and anticipated foreign aid debates.
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An advertising blurb touts The Wall Street Journal as frank and outspoken daily business coverage. It claims timely reports on financing prices taxes trends and new legislation to protect interests or seize profits, inviting readers to subscribe with trial offers and payment options.
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