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The clipping this text was read from
The clipping this text was read from

By' Rap. Barr P. Harrison WASHINGTON — That .anonymous group so qfttn in news dispatches from Is ftion’s • C-a p|i t a 1—the quoted •tJfe 'Ns 9 reported gress w ation t( jour ns. The sident ‘Washington observers’’—, are •certain that this o^hill give serious considera tax ieut before it adPresident anS Vice-Prehave said that the Adminisration will recommend tax reducions if the recession worit does nojt think the sitsens,

uation j warrants such a move days specifi ngressional mait these Judes many pleas fpr tax r e 1 i e f—end the transportation tax, end the excise tak on jewelry, end the tax on telephone service.. Strong cases ___be made in behalf of many i such requests for relief. I nequjies are to be found in the . tax structure., Many originally voted -to help ar costs and labeled “tern-. Hv,...,”; seemingly have become nermjnent. Removal *of a paricular tax might man the Salvador of certain businesses. Ore pf the political |acts of life rere, however, « that no dCongression—^composed of 4Sj Representatives and % senators representing "sharply ditifering economic areas and viewpoints—is ^o*ng to camp to ’* spontaneous! agreement on the lifting of a few taxes to the excusion of all other forms of tax ; relie:. If there are to be tax reduct ons, an efforts will be made to apportion them among all (classes of taxpayers. ~ llow much sense is there in Jirrent talk about tax cuts? kiderable, perhaps, if we _bribe to the theory that we can | spend ourselves out of a ssion on (borrowed money worry about deficits some r year—-or let “our chilworry about thorn. If, on nther hand, we Still think there is some logfic in striving tor a balanced federal budget and cutting federal spending before reducing taxes, talk of cut: i at pis .moment- approaches the ifidioulous. • ."he Treasury already is •B°i >g in' the hole at a rate of sevrral billions year. It; is recognized that no' tax reduction cos t less than $5 billion a year in in «t . lost revenue. .Any reduction President Eisenhower’s budwhich might be accomplished by cuts made by Congress in the appropriation of accumulated bills, yet to be acted on at this session could be nullified by the Executive’s use of, accumulated spending authority i voted id past years. _

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