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|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
WASHINGTON ()—I1he Mouse
today approved the $1,010,000,000
excise tax-cutting bill, “veto proof-
ing” it with a $433 million a year
boost in levies on big corporations.
But the ultimate fate of any tax
reduction at all may be tied to the
Korean war.
The House action tossed the bill
over to the Senate, which may take
... | [
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"Jun-29-1950"
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WASHINGTON, Mareh 17 (>)—~
House Republicans aimed a new
$3,000,000,000 cut today at a lump
sum $30,300,000,000 appropriation
bill already tentatively trimmed
by $1,200,000,000,
The bill carries most of Presi-
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ations for federal agencies for the
1951 fiscal year, starting next
July 1. I... | [
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WASHINGTON, May 10. (P-~
The House today tentatively ap-
proved a Republican - sponsored
move to slash about $500,000,000
off the $29,500,000,000 omnibus ap-
Propriation bill.
The economy proposal by Repre-
sentative John Taber, R., N. Y,,
was approved on a teller vote of
183 to 147. This is subject to a
later roli ca... | [
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WASHINGTON, March 21 |—(P)
—A $29,045,030, 164 deficit-boost-
ing government spending bill—
representing a $200 outlay for
every man, woman and child in
‘the nation—-was approved today
| by the house appropriations com-
| mittee,
Grim reminder of the cost of
war, more than half of its total is
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| Washington, July 8 (P)—A $34,-
688,000,000 money bill to run the
government this fiscal year was
approved today by the senate ap-
/propriations committee. It was $1,-
473,000,000 less than President
| Truman wanted.
iB goes to the senate for debate
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on c... | [
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WASHINGTON, Jan. 3 (> —
Congress, with one eye already
cocked to next fall's elections, con-
vened today for its second round
of battling over President Tru-
man’s “Fair Deal.”
Today's assembly was mostly a
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when Mr. ... | [
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WASHINGTON, JAN. 24. (AP).—Congress showed signs today of
writing its own tax ticket, ignoring President Truman’s advance notice
that he will veto any bill that cuts taxes without making up the revenue
elsewhere.
There was much talk of reducing excises—sometimes called sales or
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WASHINGTON, Aug. 7 (#)—
President Truman appeared cer.
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trends, but congress was fretting
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The senate banking committee
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Democratic tax law drafters were
| Wasningvon, vgune iv (@&) —
reported today, after a surprise
a
secret huddle, to be in virtual
‘agreement on a billion-dollar-
plus excise tax cutting bill that
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The huddle, understood to
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WASHINGTON-—() — President
Truman today summoned the na-
tion to “some sacrifice” of its civil-
jan plenty. He declared himself
ready to call for “complete eco-
nomic mobilization” if the defense
of freedom requires.
Mr. Truman told Congress, in his
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eee ees RS eel eR
- WASHINGTON, Dec. 6 UPA
huge excess profits tax bill bear-
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Senator George (d-Ga), chair-
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| the senate, but he... | [
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WASHINGTON, (4) — The fed-
‘eral government jingled several
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One commentary on what yes-
terday — income tax day — meant
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| [
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WASHINGTON, July 29—Back-
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... | By Asenrtatent Precc
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WASHINGTON, Dec. 8—(#)—
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Washington, Aug. 22—(/P)—Overwhelming Senate ap-
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footing.
e Senate passed the emergency measure last. night
by a whopping 85 to 3 vote. It did... | Ry MARVIN TL ARROWSMITH
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Weshington—(/)—President Truman is taking for his 1950 political
line: The Republicans are croaking about socialism to hide their
own “negative inaction.” That brought new GOP challenges today
for a November vote test of the issue.
Mr. Truman told a glittering gathering of 5,300 Democrats at the
$100 a plate Jefferson... | [
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Washineton, Sept. 7-—(U.P.)-—
President Truman said today he
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speech Saturday night on govern-
ment plans for an emergency ec-
onomic program at home.
The address will be in the fire-
side chat manner of his discussion
of the foreign situation last Fri-
day.
Mr. Truman also told hi... | [
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» WASHINGTON, Dec. 12. ()—
President Truman is arranging to
address the American people by
radio Friday or Saturday night
on the world situation and the
home front steps he believes are
necessary as a result of the threat
of war.
This was learned today from
high White House sources, un-
quotable by name.
At the same ... | [
"Dec-12-1950",
"Aug-31-1950",
"Dec-13-1950"
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WASHINGTON, Sept. 5. (%) —
|The White House said today it is
“extremely unlikely” that President
Truman can complete action this
| week on his home front controls
| program.
| Presidential Secretary Charles
Ross told reporters the prospect
now is that it will be early next
week before Mr. Truman goes on
the radio wit... | [
"Sep-05-1950"
] | [
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WASHINGTON, Dec. 29. ()
The government cut down sharp-
ly today on money available for
private loans and forged strong
new links for harnessing the na-
tional economy more firmly to the
defense drive.
A federal reserve board order
to its 6.885 member hanks called
for freezing $2,000,000,000 out
of the loan market.
Th... | [
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that business and workers volun-
tarily freeze all prices and wages
shaped up today as the govern-
ment’: probable next move in
fighting the inflation fired by
mounting defense spending.
Officials who asked not be nam-
ed said such a step was comtem-
plated within a few days by Alan
Valentine, head of the Economic
Sta... | [
"Dec-19-1950",
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WASHINGTON, Ang. 4—(#)—The
House today junked its mandatory
Wage and price curb bill and
started over on the job of writing
an economic control measure.
- The mandatory wage-price bill-—
providing for ceilings to go on au-
tomatically if living costs rise five
per cent above the level of June 15
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| Washington, Aug. li, ~®) —
(The Senate Finance Committee
voted unanimously today to in-
crease individual income taxes by
about $3,000,000,000. But it said
all federal taxes should be re-
moved from GI's below commis-
sioned officer rank now fighting
the Korean war.
| This is what it will mean, if
the Senate and Hou... | [
"Aug-11-1950",
"Aug-12-1950"
] | [
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WASHINGTON, Dec, 11 (AP) —
President Truman today gave in-
‘tense study to the question of de-
claring a national emergency—pos-
sibly to be followed by wage-price
controls—and asked both Demo-
oe and Republican congressional
leaders to meet with him Wednes-
| day.
| Senator Taft (R.-Ohio) Was one
‘of those invited to... | [
"Dec-14-1950",
"Dec-12-1950",
"Dec-11-1950"
] | [
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Washington, March 15 —(4)-
The government trained its guns
an tax dodgers—past and future
alike—as it came up to the 1949
income tax payment deadline at
midnight tonight.
To get help in bringing to light
new evasion attempts, it dangled
before prospective tax informers
a $500,000 pool of funds available
this year for ... | [
"Mar-15-1950",
"Mar-16-1950"
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By Sterling F. Green
WASHINGTON, D. C.. (B —
President Truman declared today
the United States can offer ita
people 61 million jobs this year, 64
milion in five years and, in the
lend, “the complete elimination of
poverty.” :
In a sober yet optimistic annual
cconomic message, Mr. Truman
told congress the nation's eco... | Qy Sterling Fo Crean
| [
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WASHINGTON, Nov. 16. (P)—
House tax framers, working under
forced draft, pointed today toward
a target on Dec, 1 as the date by
which they expect to have an ex-
cess profits levy ready for house
action.
After hearing Secretary of the
Treasury Snyder outline admin-
istration suggestions for skimming
$4,000,000 ,000 fro... | [
"Nov-17-1950",
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i The president said his admin--
istration does not want the nation
ito go through the travail of the
|last price control period when it
| had to follow the road of trial and
| error.
Mr. Truman was asked about
wages not going up and prices
rising fast. He said he agreed this
was so and he is working on a
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| Co... | [
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Washington (UP)—President Truman sent congress to-
day a budget putting the country more than $5,000,000,000
deeper into the red and calling for a $3,000,000,000 a-year
boost in social security payroll taxes.
He proposed to spend $42,438,757,406 in fiscal 1951
which begins July 1 this year. This is about $860,000,000
... | [
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WASTILNUIUIN, AUR. 2. RAPA
confused up-hill-down-dale wrang-
le over home - front mobilization
subsided on both sides of congress
today, leaving prospects that Presi-
dent Truman eventually will get
standby economic controls.
That seemed to be indicated,
even though both the senate
banking committeee and the full
hous... | [
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‘By The Associated Press "
| WASHINGTON — Senate Dem-
ocratic Leader Lucas today said
that, although there may be no
‘immediate tax action against
profiteering, the American people
can be assired “nobody is going
to get rich at the expense of the
oS i
“WE ARE GOING to take the
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WASHINGTON — (7) — Senate
Democratic Leader Lucas of Illinois
said on leaving the White House
today that President Truman does
not want an excess profits tax om
corporations “at this time.”
Lucas told reporters;
“This does not mean that the
President is not, very very, strongly
for this tax to take the profits out
of... | [
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0.11812862... | ||
WASKTINGION, AUR. 9-—tAj—
Senator Taft (R-Ohio) proposed
today a $13,000,000,000 to $14,-—
000,000,000 a year increase in
taxes, to put the Korean war and
America’s rearmament program
on a pay-as-you-go basis.
This would boost the annual
‘tax load to about $50,000,000,000,
far above the previous $44,200,-
000,000 reco... | By FRANCIS M. LE MAY
| [
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Washington, Dec, 1—(4)—Pres-
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price administrator touched off
predictions in Congress today that
wage-price controls are sure to
follow.
There was not much disagree-
ment about the likelihood of their
being invoked eventually, but leg-
islators had varying estimates
about how soon,
Mr. ... | [
"Dec-01-1950"
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WASHINGTON, (AP)—Presi- |
dent Truman will broadcast to
the nation (10.30 p.m. DST) to-
night a report on how he plans
to use the broadest economic
control powers ever held by a
United States president.
The power grant became ef-
fective when the president sign-
ed into law yesterday the con-
trol bill passed by - Con... | [
"Sep-09-1950",
"Sep-10-1950"
] | [
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Washington —(AP)— Martin A.
Hutchinson, Richmond, Va., law-
yer, was nominated by President
Truman Monday to be a member
of the Federal Trade commission.
Hutchinson was an unsuccessful
candidate for the senate in 1946,
running against Sen. Harry F.
Byrd (D.-Va.).
Hutchinson, 57, was named to
succeed the late Edwin L.... | [
"Mar-06-1950",
"Aug-28-1950",
"Mar-07-1950"
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Washington, May 26.— (#)—
President Truman today nom!-
nated Edward Lee Norton of
Birmingham, Ala., to be a member
of the federal reserve board.
Norton is an investment banker
and radio station owner.
Federal reserve board aldes sald
Norton, when approved by the
senate, will take the board post
now held by Ernest G. ... | [
"May-26-1950"
] | [
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WASHINGTON, Aug. 11. (Pi
President Truman today nominat-
ed Milton Katz to serve as US.
representative on the economic
commission for Europe of the
United Nations economic and s0-
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Katz, a New York lawyer, suc-
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this post just as he succeeded Har-
riman as roving ambassador ot
... | [
"Aug-11-1950",
"Aug-12-1950"
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WASHINGTON ()—Sena-
tor Ives (R-NY) declared today
the price situation is getting
out of hand and he called on
President Truman to set up
control machinery speedily.
“T hate to see price control
come,” Ives said, “but I think
it must if there has been no
marked improvement in the
present picture by the first of
the y... | [
"Sep-28-1950"
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Washington, Jan. 23—(AP)—
President Truman sent congress a
tax program today calling for a
cut in excise or “sales” levies,
plugging of loopholes, and a
billion-dollar boost in taxes on
corporations, estates and big gifts.
In a special message. Mr. Tru-
man did not say specifically how
such reduction he thought should... | By FRANCIS WsiF wav
| [
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Washington, (—President Tru-
man called Monday for some ex-
cise tax reductions, coupled with
higher levies on corporations, gifts
and estates to give the government
1a net inerease of $1,000,000,000 in
| revenue,
Mr. Truman in a special tax
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"Jan-23-1950",
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Washington, July 25. —(#) —
President Truman called today
for a quick $5,000,000,.000 a year
increase In taxes as a first in-
stallment on war in Korea and
worldwide bulwarks against Com-
. munist aggression.
Starting Oct. 1, income taxes
rates for some 52,000,0000 indivi-
duals would be jacked up close
to World War ... | [
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Washington—(AP)—The senate finance committee to-
| day unanimously approved President Truman's “first instal!-
Fev? $5-billion tax boost, to help finance the Korean war
and to arm America against communist aggression.
The legislation, which may go to the president's desk aa
Fengglag 1, puts the nation’s tax laws virtu... | [
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| WASHINGTON, AUG. 10. ‘(AP).—The Senate Finance committee
today unanimously approved President Truman's proposal for a $1,500,000,-
000 a year increase in corporation taxes—boosting the top corporate in-
come rate from 38 per cent to 45 per cent.
The committee acted shortly after President Truman told a news
conferen... | [
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Washington, Nov. 15—(?i—Secre-
tary of the Treasury Snyder
today proposed a 75 per cent ex-
cess profits tax on corporations
to raise the extra $4,000,000,000
that President Truman wants to
help pay for the expanding de-
fense effort.
Snyder said he is ‘‘confident
the proposal—a. modified and soft-
er version of the 8... | [
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Wsshington —— Senator Mar-
tin (R.-Pa.) today called for im-
Mediate price and wage controls
“clear across the board,’’ but Sen-
ator Bricker (R.-Ohio) voiced a
hope they may be avoided.
“Regimentation should be held
at a minimum unless we get in
lan all-out war,” Bricker asserted.
|He contended such steps as high-
er... | [
"Nov-16-1950"
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WASHINGTON, April 26 (NS)
—- The House Ways and Means
Committee today cut the 20 per
cent general admissions tax for
amusements in half as it boosted
the overall slash in excise levies
to 575 million dollars.
The committee reduced excise
taxes another 240 million dollars,
in addition to the 335 million dol-
lars in eu... | [
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a wes a F Ueleu
WASHINGTON, April 21. Up)
The House Ways and Means
Committee voted today to cut
Federal excise taxes on furs,
Jewelry, cosmetics and other
items $250,000,000. This brought’
the total excise tax cuts ap-
proved by the committee in the
last two days to about $335,000,-
000,
| Tae Gla, f. Vs.
| [
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WASHINGTON, May 9. (*®—The
House Ways and Means Commit-
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to cut cigar excises by $15 million
a year.
The slash, if finally approved,
would reduce the $45 million an-
nual tax on cigar smokers by one-
‘third, The committee previously
had refused to cut the cigar tax,
At the same time... | [
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Washington, May 19—4)—The
House Ways and Means Commit-
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on the coal industry by $5,000,000
to $10,000,000 a year.
It was a further move away
from the recommendations of
President Truman. The President
has urged that business taxes be
increased, if changed at all, to
make up for prospect... | [
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WASHINGTON. ()-The house
ways and means committee re-
versed itself today and voted to
retain the 20 per cent excise tax
on light bulbs.
But it went ahead to give final
approval to other excise cuts that
pushed total proposed reductions
to $1,095,000,000 a year. These
slashes, only tentatively voted
earlier, would app... | [
"Jun-06-1950"
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See eee RPA, MT”
House tax writers today vated te
slash another $60.000.000 from excise
tax levies, bringing to $1,136,000,000
the total excise slashes approved
teniatively or finally.
| The House Ways and Means Com-
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excise tax cuts in a new revenu... | [
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WASHINGTON, Aug. 30 (AP)
—The major obstacle to swift ac-
tion on anti-inflation legislation
is out of the way today with a
Senate-House committee agree-
jment on the amount of discretion
to give President Truman in im-
posing price-wage controls.
A compromise reached late last
night between separate bills
passed by t... | [
"Aug-30-1950"
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WASHINGTON — (AP) —
Prison sentences and $10,000
fines for hoarders and black
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Congress pressed swiftly to-
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A House vote on the Adminis-
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WASHINGTON, Nov. 29.—The
government's cost of living index
today rose to a new all-time high,
Nearly a million workers whose
wage contracts are tied to the
rise and fall of the index will re-
ceive a pay hike of two to three
cents an hour.
The new index, covering prices
as of Oct. 15, was 174.8 per cent
of the 1935-39... | By Associated Press
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WASHINGTON-—(4)—The gov-
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the peak reached in August and
September. 1948.
The Bureau of Labor statistics
reported yesterday that its index
on Sept. 15, after advancing 0.5
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1738 That means... | [
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WASHINGTON, D. C.—The gov-
ernment Saturday reported a slight
rise in living costs, chiefly due to
higher food prices.
The living cost boost was three-
tenths of one percent in March.
Foods went up six-tenths of one per-
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WASHINGTON, March 25—/)
—Living costs inched downward
a bit again in February, to about
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New decreases in food and ap-
parel prices brought the govern-
ment living cost index down to
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Januar... | [
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WASHINGTON, May 20-(AB)-
Living costs inched up a bit last
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The Burequ of Labor Btatistics
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March 15 and April 15.
| [
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| WASHINGTON, Jan. 10.
|A Congressional economy clamor
grew louder today around Presi-
dent Truman's $42,000,000,000,
out-of-balance budget.
Nearly all Senators and House
members were sayIng openly or
behind their hands that spending
will be too high, the deficit will
be too big, and they ought to get
jout the ax and... | By DOUGLAS B. CORNELL
| [
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WASHINGTON — (AP) —
President Truman discussed
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House Speaker Rayburn (D-
Tex) told reporters after the
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0.158497661... | ||
| WASHINGTON. () ~ President
Truman said today he has no ob-
| Jection to enactment of stand-by
powers to control wages and
prices, and to ration consumer
‘goods.
Mr. Truman set out his position
in a letter to Senator Maybank
(D-S, C.), chairman of the senate
banking committee. That group.
is now working on controls —... | [
"Aug-01-1950"
] | [
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Washington —(?)— Charles E.
Wilson took office today as di-
‘rector of defense mobilization
_and immediately appointed Gen-
eral Lucius Clay and Banker
Sidney Weinberg as his assist-
ants.
Wilson, former president of
General Electric, told reporters
of the two appointments at the
white house after taking the
oath of o... | [
"Dec-22-1950",
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. Washington. Sept. 1 (4) Employ-
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367.000, Secretary. of Commerce
Sawyer said today. alg
It was the first time the —
* 62,000.060 mark had ‘been
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Washington, Sepi. 25 (#—Presi-
dent Truman today accented the
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administrator of the Economic Co-
operation Administration.
The President announced that he
is appointing William C. Foster to
succeed Hoffman. Foster now is
deputy administraior.
The White House made public a
friendly exc... | [
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Washington, Dec. 14. (-P—President Truman discussed home front
mobilization with a second congressional p today and was urged by
several of the legislators to go ahead with wage-price controls.
There was no word as to whether Mr. Truman had made up his
mind about that, but Senator Maybank (D.-S. C.) said he was pe-
fu... | [
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WASHIN'iTON, JUNE 19 (AP).—The House ways and means com-
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for big corporations. The “%iecision may determine whether a $1,100,-
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veto.
If the tax bill is passed, and a veto ... | [
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Washington (AP) — Attempting
to evade federal. income tax will
be riskier than’ ever this year.
The deadline for 1949 income tax
returns and payments comes at
Wednesday midnight, ‘and the in-
ternal revenue bureau is set to
give the 54 million expected re-
turns closer scrutiny than in the
past
Officials said Monday ... | [
"Mar-13-1950"
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Washington —(?)— President
Truman today proposed te make
the chairman of the national sec-
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try’s war mobilization planning
“ezar.’’ W. Stuart Symington, for-
mer air force secretary, now
holds the post.
Mr. Truman also recommend-
ed to congress that the recon-
struction finance corporat... | [
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WASHINGTON, SEPT. 22. (AP).—The House shouted overwhelming
approval today of a “first instailment” tax-boosting bill to help pay for
the costs of arming against Communist aggression. Quick Senate pas-
sage was expected to put it on President Truman's desk by nightfall
Mr. Truman already has expressed himself as well p... | [
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| WASHINGTON (AP) — The
house Thursday shouted over-
whelming approval.of a resolution
calling on congress not to adjourn
until it has a chance to vote on a
multi-billion-dollar excess profits
x.
This might mean that congress
will take a recess and return after
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Washington, Aug. 10 —(#)—
The house passed today a bill giv-
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Truman to start rationing and
clamp ceilings om prices and
wages.
The home front controls. bill
went to the senate, already debat-
ing a similar measure.
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president asked, but no more than
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| WASHINGTON —i?)-- Congress
Sent to the White House today a bill
giving President Truman_ broad
powers to control prices wages,
credit and strategic materials.
Both the senate and house passed
the compromise measure on voice
votes. The house acted first.
HST Should Sign Speedily
President Truman is expected to
appr... | [
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By Assoctated Press
WASHINGTON, May 10. — The
House today voted to cut about
$609 million from the $29,496,883,504
General Appropriations Bill,
The vote was a tentative one in
that it is subject to a later rol call
that could reverse the outcome.
Representative Taber, New York
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WASHINGTOD 5
seemed divided today over whether
there should be all-out mobilization
of the U. S. home froni—with most
members apparently against such a
move right now,
Hard on the heels of Bernard M.
Baruch’s proposal for an immediate
“ceiling on everything,” some law-
makers called for full-scale econom-
ic mobili... | By EDWIN B. HAAKINSON
| [
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WASHINGTON, Nov. 30.—(4?)—-President Truman’s $4,000,000,000
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house ways and means committee.
But it also appeared certain that the committee soon will come
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WASHINGTON, Aug. 2 (>—
President Truman sent a new let-
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The letter, addressed to Chair-
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, WAN UN, 4. eS EE EE
‘eated a “moderate amount” of new taxes today in a glow-
. ingly optimistic State of the Union message voicing hope of
‘an eventual trillion-dollar economy.
| If America keeps growing as it has the last 50 years, he
told Congress, the total national production 50 years hence
iwill be nearly four ... | By ERNEST B. VACCARO
| [
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Washington, March 9 (®) —
/The 1950 business outlook, badly
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_ President Truman’s Council of
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'
| WASHINGTON —?— A White
‘House official said today Presi-
dent Truman is preparing a re-
‘port to the nation.
The report, this official said,
would cover international af-|
fairs, the fighting in Korea and
the controls the President feels
are needed at home.
This official, who asked not to
be quoted by name, said... | [
"Aug-29-1950",
"Aug-30-1950"
] | [
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WASHINGTON, OCT. 10. (AP).—The Budget Bureau announced today
a $580,217.335 cut in non-defense appropriations—$30,271,335 more than
the minimum cut Congress ordered after voting the funds.
The bureau's reductions, for the fiscal year ending next June 30, were
approved by President Truman. They were spread over 31 agen... | [
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WASHINGTON, (AP) —
Speaker Rayburn said that
President Truman still thinks he
has asked for enough economic
controls but probably wouldn’t
veto a bill providing extra ones.
. Congressional leaders discuss-
ed the question of domestic
controls with Mr. Truman be-
cause of rising sentiment in
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New York, Aug. 9 (UP)—The
Dun & Bradstreet wholesale
food price index held unchanged
this week at the highest level
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halt to a seven week increase,
the agency announced today..
The index for the week ended
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eo ™ ™t e+ 6282 Ww ew
NEW YORK, May 3. (UP)The
Dun and Bradstreet, Inc., whole-
sale food price index rose one cent
this week, reflecting advances in
the prices of 11 foods and declines
in six others, the agency reported
tadav.
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WASHINGTON, | Nov. 17—
President Truman, outw:
happy and scrappy, "evidently was
ready today to renew battle with
the new and old Congresses for
his “fair deal” program.
On the political front, Mr. Tru-
man discounted the election vic-
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his backing for Secretary of State
Acheson, refu... | [
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BY Francis Mi. Lemay
Washington, April 29.—(#)-—
House tax writers started a search
today for almost a billion dollars
in new taxes to balance cuts they
have voted in present excise leviee
—they weren’t too optimistic.
Unless members of the house
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Washington, Sept. 22 (4-—Con-
gress cleared the way today to put
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asked almost two months ago to
help pay for American rearmament
against Communist aggression.
'
Estimates are that it will pro-
duce about $300,000,000 a year less
than the $3,000,000.000 ... | [
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WASHINGTON, Sept. 15—(4)—_
An Oct. 1 boost in income tax for
more than 50,000,000 Americans
was practically assured today,
because Congress decided not to
delay the tax bill for an excess
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Both the House and Senate have
declared in favor of passing an
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WASHINGTON —(#)— Senate
approval shoved a $4,508,000,000
| tax boosting bill well on its way
, to final enactment Saturday but
| it’s apparently only the forerun-
ner of an even deeper dig next
| January. into taxpayers’ pocket-
' books.
The senate wrapped up the
_stop-gap money raising bill by
voice vote passage Frid... | Rv JACK RELL
| [
"Sep-02-1950",
"Sep-03-1950"
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* WASHINGTON, Oct. 2 (}—The
government is taking a deeper bite
out of all paychecks from now on,
New federal income tax with-
holding rates went into effect yes-
terday. That means more than
25,000,000 American workers will
find the withholding taxes taken
}out of their next paychecks about
la fifth greater.
| The big... | [
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ee ee Se ee ee
Washington, Aug. 12 (?)—Con-
gress appeared agreed today that
GI’s fighting in Korea shall pay
no federal income taxes, and
that the taxes of their officers
shall be reduced.
A special exemption for serv-
icemen in areas of hostility will
be written into a new tax bill
asked by President Truman to
rais... | [
"Aug-13-1950",
"Aug-12-1950"
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| Washington, March 13 -—i(#—- The
house ways and means committee
rejected today a new Republican
effort to ram through a ‘‘quickie’’
bill slashing excise taxes imme-
diately by about $1,000,000,000.
The rigid party line vote was 15
to 10.
The Democrats, however, gave
some ground, trying at the same
time to head off... | [
"Mar-13-1950",
"Mar-14-1950"
] | [
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WASHINGTON, Feb. 3—(#)—
The Truman Administration today
proposed a 10 percent tax on tele-
vision sets and a raise from 38 to
42 percent in the top levy on busi-
ness income to go with the cuts it
has recommended in “sales” tax.
Secretary of the Treasury Sny-
der went before the House ways
and means committee to outli... | [
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WASHINGTON ()—The Senate-
House economic committee agreed
unanimously today that federal tax-
es should be increased immediately
to put the country on a pay-as-you-
| 80 basis in the Korean crisis.
The committee discussed no fig-
ures, but Chairman O'Mahoney (D-
Wyo.) said he feels each individual's
tax bill should be... | [
"Jul-21-1950",
"Jul-22-1950"
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Washington, July 22 (#)—The
sharpest retail price rises in two
|years were announced by the
Bureau of Labor Statistics today
for the May 15-June 15 period—
before the outbreak of the Ko-
rean war.
The agency said prices rose 9
per cent from mid-May to mid-
June, with food prices soaring
2.1 per cent over the figure fo... | [
"Jul-23-1950",
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—c lose associates said today
President Truman has made up
his mind to ask Congress for a
multi-billion dollar excess pro-
fits tax on corporations.
This word reached Capitol
Hill as some members of his
own party threatened to go be-
yond the President and tack on
an ‘“anti-profiteering” levy on
the $5,000,000,000 “fi... | By FRANCIS M, LE MAY
| [
"Aug-08-1950"
] | [
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‘agencies today awaited a signal
from the White House to put plans
for using — on a limited scale
«- the strong homefront economy
control powers provided by Con-
The agencies indicated they will
start issuing a flow of control or-
ders after President Truman signs
the legislation, due early next
week.
The first steps... | [
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... | Washington | district of columbia | United States | [
38.89511,
-77.03637
] | [] | 51 | 1,950 | [
-0.09021834284067154,
0.03372901678085327,
0.2423209697008133,
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0.126506... | ||
| WASHINGTON, APRIL 4. (AP).—The government payroll, carrying
an estimated 2,000,000 names, shaped up today as the main target of @
) Republican budget-drive in the House.
Approximately $7,000,000,000 in an omnibus $29,045,030,164 appropriae
tion bill now before the House represents payroll costs, according ta
Republi... | [
"Apr-04-1950"
] | [
{
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"newspaper_title": "('portsmouth times',)"
},
{
"lccn": "(('sn88051011',),)",
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38.89511,
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0.1211... | ||
WASHINGTON. ()-The house
ways and means committee a
approved a 10 per cent wit
ing tax on corporation dividends,
This withholding, if it finally be-
comes law, would put no new tax
obligation on any taxpayer. But
it is designed to get taxes from
persons who now fail to report
their dividends in their personal
income ... | [
"May-16-1950"
] | [
{
"lccn": "(('sn92053856',),)",
"newspaper_city": "(('mount vernon',),)",
"newspaper_state": "(('illinois',),)",
"newspaper_title": "('mt vernon register news',)"
},
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"lccn": "(('sn86086761',),)",
"newspaper_city": "(('manitowoc', 'two rivers'),)",
"newspaper_state": "(('wisconsin',... | 0 | 0 | 0 | 0 | 0 | 1 | 0 | Macroeconomics | [
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... | Washington | district of columbia | United States | [
38.89511,
-77.03637
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-0.08593923598527908,
0.01346265245... | ||
WASHINGTON. UP — The number of job openings across the
ation took a 1,609,000 dive last month and sent unemployment soar-
ing to 4,480,000 — highest since prewar SepterAber, 1941.
Although largely seasonal in character, reflecting the onset of
winter, the development had the effect of putting out of work seven
out o... | [
"Feb-07-1950"
] | [
{
"lccn": "(('sn86089807', 'sn86089948'),)",
"newspaper_city": "(('pampa',),)",
"newspaper_state": "(('texas',),)",
"newspaper_title": "('pampa daily news',)"
},
{
"lccn": "(('sn90060814', 'sn90060813'),)",
"newspaper_city": "(('winona',),)",
"newspaper_state": "(('minnesota',),)",
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"O"... | Washington | district of columbia | United States | [
38.89511,
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0.196019694... |
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