Word: 76th
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...wiseacres, he means really to do a right turn-proves it daily with deeds instead of words. Their evidence: Constantly Mr. Roosevelt appeases the Democratic conservatives, consistently he calls to heel the business-baiting Janizariat. To keep party harmony, he plans no reform legislation at Session III of the 76th Congress, will actively support none. He has dumped taxes in the Congressional lap; almost daily pinches budget appropriations for New Deal agencies, slashes down works, relief, spending ideas. His hope: a short, sweet session that will end in a burst of party harmony...
Congressional Canutes or no, the tide of national debt was still mounting. In the fiscal year 1939 the U. S. spent $3,600,000,000 more than was collected in taxes. Session III of the 76th Congress will face a probable new Army appropriation of about $1,700,000,000, a new Navy appropriation of about $1,300,000,000, plus a $275,000,000 deficiency appropriation. To meet this bill for national defense, while continuing to spend many millions on relief, works, etc., the U. S. Treasury must raise new taxes, somehow, somewhere. And 1940 is an election year...
...Deal, cared to take his political life in his hands, suggest brutal tax increases. The shadow of 1940 lay heavy on the grey Capitol, the gleaming White House. Ancient, ham-handed "Old Muley" Bob Doughton of North Carolina, chairman of the House Ways and Means Committee, celebrated his 76th birthday, optimistically remarked that the war boom in business might obviate the need of new taxes...
...last, after 44 days and 1,000,000-plus words of high-and low-grade oratory, the second session of the 76th Congress was dispersing. Its achievements: 1) an historic change in the foreign policy of the U. S.; 2) a $222,000 appropriation to pay its own mileage expenses...
Nerves strung fiddle-tight, emotions running skin-deep, the U. S. watched its 76th Congress open a Great Debate last week. A thousand curious citizens pulled wires to wangle passes to cram into the Senate's gallery of 450 seats. Eighty-three Senators out of 96-a portentous proportion-answered the roll call...