Word: pepfully
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...filled in the gap by hoppering a bill to trim personal income and excise taxes by $4.4 billion. Over in the House, Texas' Speaker Sam Rayburn, despite his own opposition to tax cuts, ordered lieutenants to get a tax-cut bill drafted in case the economy fails to pep up in early spring. And for all his confidence in ultimate prosperity, Richard Nixon put the Republicans within leaping distance of the tax-cut bandwagon. Said he: "If the choice is between a boondoggling public program on a massive scale and a tax cut, I for one would...
...education in the satellite age) and on reciprocal trade (see Foreign Trade) dispatched to Congress, the only big hurdle was a Friday-morning breakfast speech to the Republican national committeemen. Taking the hurdle in stride, the President got off the kind of no-clichés-barred political pep talk GOPoliticians wish he had delivered the previous week in Chicago, where he went through a nationally televised twelve minutes without once directly calling for a Republican Congress this fall. "We all know that the political prophets have already [figured] the odds the Republicans are up against. But these calculations overlook...
...Soviet Union's top tippler, Nikita Khrushchev, has turned upon one of his closest friends, John Barleycorn, according to Pravda. In Minsk for a pep talk to collective farmers, Khrushchev warmed to his subject by calling for a crackdown on moonshiners: "He who makes home brew, he who gives drink to the people, acts against the interests of the state, against society, and deserves punishment!" This brought him around to his distaste for "wet propaganda" in films and plays. Said Nikita soberly: "I have seen a film, Before It Is Too Late, made by the Lithuanian film studio...
...continued downturn he thought "a little needle" would be better than "a checkrein." Therefore, for fiscal 1959, some deficit spending "would be better than to start now the question of tax raising." But the Administration has no intention "at this moment" of proposing any kind of specific legislation to pep up the economy...
...economic growth can be resumed without extended interruption," and he added a promise: "The policies of Government will be directed toward helping to assure this result." Easier credit would spur both homebuilding and federal-state outlays for schools, roads, etc. Increased federal spending for defense would add further economic pep...