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Kennedy outlines 1963 budget and tax cuts plan
President Kennedy presents a 1963 budget projecting a 98.8 billion revenue year with a 5.3 billion net loss trimmed by faster corporation tax collection and higher expected taxable income from rate cuts. He argues for defense and space spending, outlines defense totals, and signals a moon program rise despite deficits, while urging tax relief and education and foreign aid funding within a 96.5 billion appropriation framework.
MENTIONED IN THIS ARTICLE
Kennedy
Congress
Secretary of the Treasury
Douglas
Dillon
Kermit Gordon
Defense Department
Pentagon
Atomic Energy Commission
South Viet Nam
Laos
Sug
Gested
Wie