Eisenhower liquidation policy threatens electric power supply
The Economic Outlook warns that federal power liquidation could curb供 supply and push power to private monopolies. It cites Hoover's 1953 blueprint and notes TVA plants, dam delays, and Interior moves to privatize dam sites as part of the shift. The report highlights economic and political risks of reduced federal involvement.
MENTIONED IN THIS ARTICLE
Department
Hoover
Department of the Interior
REA Cooperatives
Tax relief proposals target personal exemptions and excise cuts
The document advocates raising the federal income tax exemption from $600 to $800 this year and to $1,000 next year, with CIO supporting the plan to boost after tax income for low and middle income families. It also backs continuing excise tax cuts on tobacco, liquor, gasoline, autos, and other items to spur consumption and urges removing all forms of consumption-restricting excises. It contrasts this with Eisenhower era tax cuts favoring business and high income groups and notes a proposed $3.3 billion overall tax reduction, largely benefitting corporations and stockholders through dividends and depreciation changes.
MENTIONED IN THIS ARTICLE
CIO
Eisenhower
CIO Proposes Economic Plan to Boost Recovery and Wages
A CIO pamphlet argues for a 10 point program to raise wages from 75 cents to 1.25 and extend federal unemployment standards, with stronger benefits, a federal grant system, and housing and social security expansions to shield families from recession. It critiques Trickle down theory and calls for action by Congress and states.
MENTIONED IN THIS ARTICLE
CIO
Also Mentioned on This Page
Washington
Roosevelt
Truman
The
CIO Department of Education
Eisenhower Admin
TVA
Con
Congress
Taft
Industrium
Ore
Avera
Devel
Senate
Industan
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