Word: recessions
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...Congress, Easter is a time for rest after the first labors of the new year. For wise Congressmen the long Easter recess is also a time for clearing the head of Washington's political vapors and finding out what is in the minds of the folks back home. In 1958 the Easter recess served a key purpose: in Washington, the temptation to fight recession with a spending spree had been almost overwhelming. But when the Congressmen got home at Easter, they discovered to their general astonishment that there was little sentiment for wild pump-priming. That discovery shaped much...
Heading home from Washington for the holiday recess, New Jersey's freshman Senator Harrison Williams echoed the cry of many another Capitol Hill Democrat about President Eisenhower's proposals for a balanced budget in fiscal 1960. The whole notion, said "Pete" Williams, was "mythical." At about the same time last week, Pete Williams & Co. got some studied support for their argument: a staff report from the Joint Congressional Committee on Internal Revenue Taxation flatly predicted that the Eisenhower Administration's hopes for a balanced budget are doomed to red-ink disappointment. Federal income in 1960, said...
...Fulbright & Fellows would win the argument. Last fortnight the Senate voted 58 to 25 to give Fulbright his way. But last week the House voted 86 to 36 to go along with Ike. That left the decision up to a Senate-House conference committee to settle after the spring recess...
...moves recess...
With material that Coach Jack Barnaby calls "really solid and strong," the varsity tennis team opened indoor practice this week in preparation for its trip South during spring recess...