Word: byrds
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Dates: during 1960-1969
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...expected, Byrd cast one of five votes-against committee approval of the bill. But, impressed by Johnson's budget-cutting efforts, he speeded committee action, let a bill generally similar to one previously approved by the House go to the Senate floor...
Only frantic, eleventh-hour activity by the President-and the cooperation of Chairman Byrd-prevented the bill from emerging in a form that would have endangered its prospects of quick Senate approval. Committee Republicans were angered when Louisiana Democrat Russell Long rammed through an amendment that cut some $30 million off a proposed $80 million increase in taxes on oil companies. They retaliated by passing amendments to repeal some $445 million in excise taxes on luggage, jewelry, cosmetics and furs...
Sweeping Reversal. Johnson, worried that the unexpected loss of all of these minor taxes would invite countless other Senators to propose their own pet repeal ideas in Senate debate and unbalance the whole package, expressed his "deep concern" to Byrd and other committee members. With one sweeping motion, the committee then reversed its action on all of the excise taxes, thus restoring them. The vote was 9 to 8, with Byrd backing Johnson. Also lost was a proposed repeal of the 10% theater admissions tax. But the $50 million hike in oil-firm taxes survived. The house has voted...
Although it has been a full year since President Kennedy first proposed his tax bill to Congress, Johnson praised Byrd's committee for demonstrating "the ability of the Congress to respond clearly and promptly to pressing national needs." Byrd, he added, had shown "impartial chairmanship" of the group. But Johnson also warned that each day's delay before final passage "withholds from our economic blood stream $30 million, produces business uncertainty, and holds off business investment decisions that would create new jobs...
...said he had taken it out for Mrs. Johnson to make a selection." Reynolds told the committee that he purchased a set and had it installed in Johnson's home at a cost of $588. Did Johnson know, asked West Virginia's Democratic Senator Robert Byrd, that the stereo was a gift from Reynolds? Replied Reynolds: "The invoice delivered to Johnson's home showed that the charges were to be sent to Don Reynolds." It was two years later, said Reynolds, that Johnson purchased another $100,000 in life insurance through him (for a total...