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Letter
' After studying in History about taxes in England and hearing present .day taxes and last weeks editorial discussed, we received this, letter from an eleven year rftd child.
Dear Government,
Why are you all taxing us and others for things ? I thought we - were free arid independent states^ We are just like England/how. People taxing us oil rfypgs. You all must want a lot of rrioneyxWe got the papers today and saw it.
; Carol ,Ann Petty P. S. Food it High now.
YOUR
CONGRESSMAN
REPORTS
Sr Re*. Burr P. Harrison
Washington—President Eisenhower’s recommendations for increased federal spending and tax Increases, as contained,in his record $79.8 billion budget, , now have been exposed to public study and comment for more than a week. Whether or not it is a sound and sensible budget has been, and will continue to be, a matter of earnest debate among.- politicians, economists and commentators, i There are, however, certain facts which cannot be -denied,, even though differing interpretations may be placed on their potential effects c»n the economy.
For example, the figure of $79.8 billion for anticipated federal • spending in the fiscal year beginning July 1, 1960, is the highest total ever submitted to Congress by a President in peaceime.....a fig✓ ure exceeding by $5.5 billion the actual expendtures of the peak Korean War spending year of fiscal 1953.
Mr. Eisenhower’s proposed budget envisions a surplus of $4.2 billion in the* next fiscal year, provided the revenue estimates prove to be correct, and provided the ® Congress imposes the additional taxes and charges on the public which the. President asks.
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