|0!« . SB
j No Comment j
‘ •kitattun* DiiUln *f Ik* S»tio*»l
AMeclatloa of Bmftotaren
JIG COMMtNi is • report ot
(buiuont* on tho national teal*,
and do** not ncoottorily reflect
KAM potter o* Mtitioo,
Washington Events during
the next few days will deter
mine House action on the rag
ing controversy over whether a
serious effort to curb govern
ment spending should be requir
ed as a prelude to tax reduc
tion.
This has developed into the
major issue as the House pre
pares to open debate on the Ad
ministration’*. tax program.
President Kennedy and his as
sociates have for some time
been stepping up their campaign
for its enactment. The Presi
dent has utilized every oppor
tunity to publicize the measure.
The campaign has run into
formidable opposition from
prominent members of both
parties who are demanding that
the Administration before tax
reduction is approved—be com
" pelled to take positive, action to
eliminate unessential spending
and check the soaring federal
debt.
This widely-held belief was
•j summed up by Rep. Byrnes (R-
Wis.), ranking minority mem
ber of the Ways and Means
Committee, as follows:
“I favor tax reduction. I fa
vor it in 1963, but sincerely be
lieve that fiscal responsibility
demands evidence of a far tight
er control than presently exists
over present and future fed
eral spending before a tax cut
can make good sense. I am
convinced that this attitude is
also shared by an overwhelm
ing majority of my Republican
colleagues.”
Former President Eisenhower
expressed the opinion that ‘‘a
tax cut is highly desirable but
only if the persistent and fright
ening increase in federal ex
penditures is halted in its tracks.
“It is my conviction that any
tax cut without this firm halt
ing of expenditure increases is
unwise, undesirable and certain
to damage our currency and the
nation.
. “Before a tax cut can be jus
tified, therefore, I believe that
fi j there should be explcit; execu
' five assurance of expenditure
control. This assurance should
be that, until a budgetary sur
plus has been achieved, future
annual expenditures will not be
permitted to rise above the al
ready inflated level for this fis
cal year of approximately S9B
billion.”
Among others taking this po
sition is Sen. Byrd (D-Va.),
chairman of the Senate Fi
nance Committee, which handles
tax legislation. He said that
v jpnr nifdvwtrxkß- rrr —i~n
SEAGRAM’S
V.O.
IMPORTED
CANADIAN
WHISKY
E*!Nct
'TW&' % *575
BjjjjK* Jj Hi MOOf £
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BEAUTY MARK—The out
standing mark of beauty
for 16-year-old Terry Totes
of West Hampstead, Long
Island, N.Y., Is that she
was selected Miss High
School over 24 other loveif
contestant, <
if spending were “reduced sub
stantially, I would be among the
first to give serious considera
tion to reducing taxes. Taxes
are too high, and they should
be cut. But let me remind all
who will listen that there is only
one reason for federal taxes.
And the reason is to meet fed- 1
eral expenditures.”
President Kennedy, however,
takes a different position.
In his tax message to Con
gress on January 24 he said that
“it would be a grave mistake
to require that any tax reduc
tion today be offset by a cor
responding cut in expenditures.”
More recently—on August 19
—he said in a letter to Ways
and Means Chairman Mills that
“I see no reason for placing any
conditions or contingencies on
the Administration’s tax reduc
tion program.
That’s the background of the
issue awaiting a House vote.
Success in life depends upon
persistent effort, upon the im
provement of moments more
than upon any other one thing.
—Mary Baker Eddy.
THE CHOWAJT HERALP. ETOKTOIV. WORTH CAROL HI A. THTTKSPAT. OCTOBER 3. 1963.
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PAGE FIVE
!—SECTION <Sttß