Word: budgets
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Dates: during 1940-1949
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...Secretary of State would be Dean Acheson, said the President, and James E. Webb-now Director of the Budget-would be Under Secretary. The new Director of the Budget would be the present Assistant Director, Frank Pace...
...affable North Carolinian, Webb is a lawyer and a former vice president of the Sperry Corp. A pilot, he was a wartime Stateside major in Marine aviation. A protégé of North Carolina's late O. Max Gardner, Webb became Truman's Director of the Budget in July 1946. There he made many friends, no enemies. When a reporter asked the President what Webb's qualifications were for Under Secretary of State, Harry Truman replied: He is a good man and a good administrator and that is what we need in the position...
...years. He wanted repeal of the Taft-Hartley law and re-enactment of the Wagner Act with some "improvements" such as a ban on jurisdictional strikes. Then he called for new taxes to raise $4 billion in additional revenues and five days later sent along a 1,400-page budget to explain it. He no longer advocated, as he had last year, restoring the wartime excess-profits tax. He urged Congress instead to get the money by raising rates on straight corporation taxes and rates on incomes in the middle and upper brackets...
...tightening of enlistment rulings was apparently the result of high volunteer figures for the last few months and the limit of 677,000 officers and men--already reached by the Army--set by President Truman in his budget message...
...almost certain that another Taft bill would have little trouble in the present Congress. And it's almost as certain that future legislation could go farther than last year's proposal. It all depends on how hard the Administration and other Democratic big-wigs push. The budget provides room for 300 million dollars and one million for a survey of colleges to find out the "most practical means of providing additional opportunities for capable young people who could not otherwise afford a college or university education...