FISCAL: Up the Roller Coaster

The first reaction to the President's Budget for the fiscal year 1941-42 came as a reading clerk in the House of Representatives droned: ". . . will cost about 17.5 billions of dollars." A Congressman whistled. Speaker Sam Rayburn pounded his gavel. The clerk droned on.

Later, as members filed out of both Houses, they growled to reporters: "When you jump off a monument, the sensation is fine as long as you keep going" (Representative Richard Wigglesworth, Massachusetts); "The deficit . . . threatens the solvency of the U. S. The President still...

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