Word: fiscality
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Dates: during 1950-1959
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...President Eisenhower, persuading Republicans, buttonholing his friends, conferring in friendly fashion over whisky and soda with Democratic Senate Leader Lyndon Johnson and Democratic House Speaker Sam Rayburn at the White House. At his third weekly press conference in a row, the President read a long, prepared statement urging fiscal responsibility: "I don't believe that we should have higher taxes, and I do not believe that the U.S. wants higher taxes. That means to me living within your income...
While the U.S. taxpayer goes through the $77 billion tax bite necessary to feed the new federal budget, he stands to be nibbled by piranha attacks of increased state taxes. Combined budgets of U.S. Governors as 46 legislatures convene this year*to consider fiscal matters: more than $17 billion, an increase over current expenditures of about $1 billion...
...Monsanto Chemical Co. reported the best fourth quarter in history, so good that full-year earnings totaled $1.55 per share, only 7.7% behind last year. Philco's fourth quarter nearly doubled last year's rate. Seeburg Corp. announced 54? a share in the first quarter of its fiscal 1959 v. only 50? for the full twelve months before...
...CHECKS are increasing. In fiscal 1958 the FBI investigated $8,000,000 worth, including one check drawn on the "East Bank of the Mississippi...
...more extensive subsidies. Already dead, apparently, is the President's idea of lifting all ceilings on FHA mortgage insurance, the backbone of the private-enterprise housing program. Instead, Congress is moving in the direction of handing out $5 billion of mortgage insuring authority for the rest of this fiscal year, $5 billion for next. Nearly dead too, is Ike's idea of cutting out public housing authorizations, of raising the local share of land costs in urban renewal. Democratic housing leaders last week predicted: 1) authorization of 17,500 more public housing units, 2) a six-year...