Word: congress
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Dates: during 1950-1959
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Close Reason. Eisenhower was by no means content to stop with a balanced budget. As the kickoff to a series of specific moves, he asked Congress to revise the Full Employment Act of 1946 so as to reduce pressures for inflationary measures. With that proposal, in perhaps the most closely reasoned of all his economic reports, the President of the U.S. set forth the standards for an era of prudent affluence: "To make reasonable price stability an explicit goal of federal economic policy, coordinate with the goals of maximum production, employment, and purchasing power...
...rapidly advancing economy" will produce a $9.1 billion increase in the Government's income. Insisting that his revenue forecast is "realistic," the President noted that after the 1953-54 recession, the jump in federal revenues ''was more than the increase estimated in this budget." He asked Congress to extend corporation and excise taxes at present rates for another year, also requested Congress to up the federal gasoline tax from 3? to 4½? a gallon and slap a new 4½? tax on jet fuels (to be paid by commercial airlines now entering...
...Specify that the rules of the Senate shall "continue from one Congress to the next Congress," thereby giving substance to the appealing (to most Senators) notion of the Senate as a continuing body...
...working for days in a hole in the wall - an 8-ft.-by-12-ft. gap between the circular foyer and the straight outer wall of the Old House Office Building. ¶ More than half (47) of the House's big freshman class trooped into the Library of Congress' Coolidge Auditorium to attend a new institution: a school for Congressmen, bipartisan brainchild of such considerate upperclassmen as Maine's Democrat Frank Coffin and New Jersey's Republican Peter Frelinghuysen. In the first class, frosh heard New York Timesman James ("Scotty") Reston tell them how to make...
...gift from Kentucky, the National Park Service has been thirsting to take over Onyx and Crystal to make up a more attractive tourist package. Last year the Park Service dickered with private owners, agreed to pay $365,000 for low-vaulted Onyx, $285,000 more for Crystal.* If Congress appropriates the funds, the Park Service will spend another $1,200,000 improving roads to make access easier for the half million tourists who go trooping into Mammoth each year...