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er cause ror concern in this period uf recurring international c r i se Economic strength is as essential to our national security as military strength. Soviet communism is confident that our capitalisticeconomy eventually will collapse. Easy acceptance of deficit financing, lends color to their confidence.
"We need only glance at Tuba to remind ourselves that there could erupt at any time a new threat to our national survival which could require a heavy investment of our resources.”
Congressman Marsh said he was aware the joint budget committee proposal had received greater support in the Senate than in the House, because some House members believed 1 it might compromise the Con| stitutional requirement that money bills originate ih the House.
“I see no conflict.’’ he said, because the joint committee , would serve as an inquiry and oversight aid to the two existing appropriations committees, which would continue to handle i the individual appropriation | bills—but with the benefit of more solid information, not i
colored by the self-serving ar- j guments of the bureaucrats | who come to Capitol Hill to ! ask for the money.”
“After all.” he added, "tax bills must originate in the House, under the Constitution, and we have had a Joint Committee on Internal Revenue j Taxation for many years, with an expert staff to advise both the House Ways and Means ! Committee and Senate Finance i Committee.
“While Congress has guarded its taxing powers, it has been less scrupulous in asserting full Constitutional control aver the spending function. The proposed committee could do much to p'ug spending loopholes.’’
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