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the problem as to how much more money will be made available for this program and, more, important, what should be done with the huge stocks of food and fibres which are being accumulated under control of the Federal Government.
Larger exports of farm products would help to handle our surplus and this involves another controversial , problem—what we are going to do about continuation of the Reciprocal Trade Agreements which expire this year. That, in turn, is tied in with questions of what aid we shall give to other democratic nations, because a large portion of our foreign trade in recent years has been financed with dollars we gave away and that practice cannot go on indefinitely.
Military foreign aid also is closely related to the question of how much we shall spend for our domestic defense programs and the Congress will have to decide, among other things, whether we should strengthen our airforce as a deterrent to Russian agression or whether to cut all branches of our military service to the extent needed to permit the tax reductions which individuals and corporations are demanding.
What can be done about taxes will depend largely on the size of our— total defense budget,- since that constitutes such a large portion of total Federal spending, but it already is obvious that rigid economy in nondefense spending will be required to avoid piling up a huge additional deficit. Assuming that no tax cuts are made except the • elimination of the excess profits tax and the ten per cent cut on personal incomes which already are scheduled and that we follow the precedent of last year in starting no public works not definitely geared to the defense effort, we still face the prospect ol a technill
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