Word: millikin
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...Received the European Recovery Program bill from the Foreign Relations Committee. The bill bore a strange financing device. Colorado's Eugene Millikin, who will later handle the Republican knife on taxes, devised a method to give ERP all of the $5.3 billion needed for its first year of operation and also have several billions left over for tax slicing. It was a neat bookkeeping trick: $3 billion of ERP's cost will be charged against 1948's books, to be met out of the estimated $7.5 billion 1948 surplus, leaving only $2.3 billion to be charged against...
...Colorado's Eugene Millikin, chairman of the Senate Finance Committee, said reassuringly: "We'll get a bill, and contrary to most superficial impressions, it will be a good bill. It will have a faint umbilical cord to the original State Department program, but in its important respects it will be our bill...
Sumner H. Slichter, Lamont University Professor, will act as associate chairman of the new 17-man advisory council to study proposals for expanding social security benefits, Eugene D. Millikin (R. Colo.), chairman of the Senate Finance Committee, announced yesterday...
While Democratic leaders grinned and shook hands in their turn, Republicans glowered. Colorado Senator Eugene D. Millikin, floor manager for the bill, had proclaimed the G.O.P. position during the debate. He had called the President's action a "foolish veto" prompted by "sheer ignorance or sheer demagoguery." Other Presidents, Millikin had said, had "a decent respect for the right of Congress to control fiscal policy...
...three days, Colorado's Eugene Millikin had been on his feet defending the income-tax reduction bill that his Senate Finance Committee had whipped into shape. Armed with a huge loose-leaf notebook crammed with statistics, he made his replies to colleagues' questions short, sure and pithy. He turned back Democratic efforts to postpone the tax bill, to nationalize the community-property provision of some states, to raise individual exemptions. Millikin's able defense of the bill ended in complete victory. The Senate passed it, 52 to 34, without amendment...