Word: byrds
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Dates: during 1950-1959
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Overall Objective. Looking over the domestic scene, Truman insisted that he hates deficit spending as much as Harry Byrd, but that the present red-ink budget is only temporary. Besides, there wouldn't be any deficit spending if the Republican Congress had not cut income taxes. His overall objective was steadily to expand the economy to absorb the million and a half young people who come into it annually and such expansion would in itself wipe out the deficit by increasing national income. This cannot be done without the measures outlined in the Fair Deal...