Word: bill
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Dates: during 1920-1929
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...This bill is aimed to catch in future any witnesses who might go abroad, as did several of those wanted by the Government in its oil suits...
...Congress has specified where and what buildings were to be built and for how much?a proceeding which produced the old "pork barrel practice," every Congressman angling to get a fine building for his community. It was recognized that the President would never sanction an old-fashioned pork barrell bill, and since many buildings are badly needed this bill was passed with Administration approval. It was passed by a parliamentary maneuver?suspension of the rules?which prevented the offering of amendments and cut down debate to less than an hour but required a two-thirds vote for passage. In Washington...
...greatest struggle was over estate taxes, which the House members were eager to retain and which the Senate wished to abolish. Finally a 20% maximum estate tax, with a personal exemption of $100,000, was agreed on. So the joint conference finally gave birth to the third tax reduction bill of the season?a compromise in which all shades of political affiliations were represented, but in which the tax views of the Administration appear uppermost...
...main features of the new tax bill as compared with...
...estimated loss of revenue resulting from this bill is $387,811,000 for the calendar year of 1926 and $343,000,000 for the calendar year of 1927. For various reasons it is believed that the loss of revenue for the fiscal year 1925-26? will be only $208,000,000, and for 1926-27 only $307,000,000. So it is not believed the Treasury will face a deficit. The chief items which go to make up the grand reduction...