Word: knutson
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Committee: "It knocks budget plans askew." He thought the whole, interrelated problem would have to be tackled anew. Many thoughtful Republicans agreed with him-but not Minnesota's Harold Knutson, chairman of Ways & Means, who was driving his committee with a bull whip...
...Knutson was back at his old isolationist stand. He snorted: "Maybe ... we are able to help the world because we are taking everything away from our own people and giving it to someone else." No matter what U.S. foreign commitments might be, he was determined to get a 20% cut in income taxes, arguing: "If we don't get it now, we never will...
...Knutson declined to estimate when he may not income tax hearings to begin, saying only the matter must wait until the budget issue is settled...
With the Senate apparently ready to hold the budget cutting to $4,5000,000,000 to avoid slashes for the Army and Navy Knutson said that if the lower cut prevails "the tax reduction this year certainly will be something less than 20 percent...
...announcing the order, Chairman Knutson (R-Minn) of the House Ways and Means Committee told reporters that if Congress falls to slash $6,000,000,000 from President Truman's $37,500,000,000 budget, "it will kill any idea of a 20 percent (income...