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...expert, will play the key part. A longtime reciprocal trader, still holding firm against protectionist pressures from Georgia's textile and plywood industries, he may make the difference between an adequate bill and one riddled with amendments granting tariff sops to individual industries. ¶ When House Speaker Sam Rayburn pushed a patently political $20-a-head income-tax cut through the House, it faced a humiliating defeat in the Senate. Lyndon Johnson came up with a formula for watering down Rayburn's bill that was so appealing that it lost (by six votes) only because Walter George...

Author: /time Magazine | Title: THE CONGRESS: Voice of the 84th | 4/25/1955 | See Source »

...Senate: ¶Passed the Administration bill extending present excise and corporation tax rates-the bill on which the Democrats, led by Sam Rayburn (TIME. March 7), had unsuccessfully attempted to tack a $20-a-person income-tax reduction...

Author: /time Magazine | Title: THE CONGRESS: A Certain Nervous Look | 4/4/1955 | See Source »

...trust," said present House Speaker Sam Rayburn, "that there will not be a show made of this thing...

Author: /time Magazine | Title: Religion: TO BE ALONE WITH GOD | 4/4/1955 | See Source »

...become the Democrats' biggest political issue in the 84th Congress. In the House, Speaker Sam Rayburn managed to push through a $20-a-person cut, despite opposition by the Eisenhower Administration. Majority Leader Lyndon Johnson knew that he could not get the flat $20 cut through the Senate, so he designed a tax bill that was a politician's dream: it seemed to help the little fellow, to hurt the bigger fellow, and to help balance the budget. Nevertheless, the Senate last week voted down Johnson's dream...

Author: /time Magazine | Title: THE CONGRESS: End of a Dream | 3/28/1955 | See Source »

Democratic leaders of the U.S. Senate last week devised a compromise plan to save face for Speaker Sam Rayburn, who had rushed through the House of Representatives a bill calling for a flat $20-a-head income-tax cut (TIME, March 7). The compromise was proposed only after it became clear that defections among Senate Democrats would defeat the House scheme. As outlined by Majority Leader Lyndon Johnson, the Senate measure would give the head of each household a $20 tax reduction, plus $10 for each dependent other than a spouse...

Author: /time Magazine | Title: THE CONGRESS: Compromise for Sam | 3/21/1955 | See Source »

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