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This newspaper page contains 9 articles. Subscribers can read the full text of each article.
Newspaper
Whitewright Sun
Location
Whitewright, Texas, United States of America
Date
Jan 22, 1959
Page
8
President Eisenhower submitted a large 77 billion dollar budget request to Congress for the 1960 fiscal year highlighting heavy defense spending amid Cold War tensions. He urged action to raise the debt limit as deficits mount and the deficit for the current year widens to about 13 billion dollars.
President Eisenhower unveils a 1959 budget projecting a 470 billion dollar economy growth, a 77.1 billion revenue plan, and defense outlays of about 40.9 billion. It calls for higher aviation and jet fuel taxes, possible mail rate hikes, and stable corporate taxes while aiming to protect savings from inflation.
In Lansing Michigan the speaker and clerk of the Michigan House abandoned their 20 year daily display of red carnations on their lapels citing budget cuts. Speaker Don R Pears said economy begins at home and ordered the practice stopped.
Notice from Joe Bodine of Bodine Radio and TV Service inviting locals to view new Admiral Televisions at his home. Also ads announce heavy duty trash barrels at Meador's Champlin Oil and LPG services, Dixon Service Station batteries, Dawson Butane Co, Thornhill Laundry, The Flower Shop wire service, and used auto parts wrecking 1937 1952 Chevrolets and related repairs.
Jetstream closs lined water heaters suitable for natural or butane gas are advertised as moderately priced by Johnson Jewelry & Appliance.
We thank friends and neighbors for acts of love and sympathy during the loss of our mother and grandmother and extend grateful thanks for the beautiful floral tributes. The Children and Grandchildren of Mrs. M. L. Thornhill.
The piece argues federal deficits erode purchasing power in daily life. It links rising costs to government spending and notes tax and inflation effects on families, households, and local budgets. The author emphasizes the pervasive local impact of national fiscal policy.
The piece notes that about 70 cents of every tax dollar paid by Oklahomans goes to the federal government through matching grants in aid, highlighting the local impact of federal funding. It stresses the drain from Oklahoma taxpayers and the pervasive reach of federal programs.
A man walked into a pub in Oxford and was bitten by a two foot alligator he thought was a dummy. The owner’s wife said the alligator’s owner was at an Aquaria Society meeting nearby.
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