Word: congressmen
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Dates: during 1950-1959
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...find ways to shave the record-breaking $71.8 billion. Later, after Treasury Secretary George Humphrey set off a clamorous flap by predicting that big budgets would lead to a hair-curling depression, President Eisenhower passed the hot budget potato to Congress, saying that it was the "duty" of Congressmen to cut spending-if they possibly could. The House of Representatives tossed the potato right back with a resolution asking the President to point out budget economies. Last week President Eisenhower did just that: he sent House Speaker Sam Rayburn an unprecedented letter suggesting possible cuts of more than $1.8 billion...
...spending authority for the Corps of Engineers (in charge of many of the home-state construction programs beloved by Congressmen), down $13 million...
Actually, the President had stepped well beyond the letter of the law in permitting the parolees to enter the U.S. and promising that they get regular citizenship status, which had to come from Congress. But he understood the outpouring of U.S. sympathy for Hungary's Freedom Fighters, and Congressmen, then on vacation, generally applauded his act. Since then, the necessary legislation has been bottled up in the Senate Judiciary Committee by Chairman James O. Eastland and in the House Immigration Subcommittee by Chairman Francis E. Walter, who is averse to any change in the McCarran-Walter Act, which...
...President should have realized that vote-minded Congressmen always turn to the foreign affairs sections of the budget when they consider saving money while also saving votes. After all these years, the President should have realized that conservatives like Knowland and Byrd needed little excuse, not to mention prodding, to start whittling away foreign spending...
SWISS SECRECY law, forbidding Swiss banks to reveal clients' names, is likely to be eased because Congressmen and SEC complain that it is being abused in U.S. to manipulate stocks, decide proxy fights. Embarrassed by bad publicity from law originally intended to protect accounts from being seized by foreign dictatorships, Swiss officials are conferring with U.S. on how to allow some disclosures...