NEW CONGRESS' BUDGET

Chronicle (Levin), 9 November 1946, Page 5

NEW CONGRESS' BUDGET

Received Fridav, 7 p.m. NEW YORK, . Nov. 7. Scnator Taft, who will probably b« the majority leader in the Senate, toli. a press conference that the Repubiicai. Bxulget for the liscal year begin nitig July 1, will be approximatel.v 30, 000, 000,000 dollars compared with tiie rur renf Budget of 83, 000, 000,000 dollars. "AVe must balanee the Budget whicii has not bee.n balaneed for 15 years,' he said, "but I am not in favour ot paying off the national debt too fast. ' Alr. Taft said taxes would be reduce;. 20 per eent. Referring to the question of socialisa tion and medicine, Alr. Taft declared that the eleetion was a inandate to cease Governmental interference with private lives. , • Commentihg on Senator' Taft 's refereiice to tlie Budget, the Associated Press points out .that the Budget for the fiscal year beginning July 1, 1945 estimated expeiuliture at 8-">,000,()00,00 dollars. President Trilman, however, revised the 1947 fiscal Budget reducing ito 41,500,000,000 dollars. The anti-administration majority in both Houses will be even stronger than appears from the ligures beeause the ad ministration, before losing official control of Congr'ess, was repeatedly em barrassed by the unofficial coalition ut the Right Wing (Southern DeniO'-vat« with the Republieans and it was only in the deep South that the Dcmoerats los. no seats. Senator La Follette, who was do feated when he sought ' Republican nomination for AVisconsin prinuiries oi. June 3, told the Press the Republican snccess should weaken the influence of those who l'avoured appeasing Russni and shoftld strengthen the newly evolved two-partr foveivn noliev.