The Congress: Putting Off theTax Bill till '68

"The script," allowed House Republican Leader Gerald Ford, "is a good one from our standpoint." Indeed, the plot that he laid out was compelling, if not exactly original. It called for G.O.P. Representatives and their Southern Democratic allies to deny Lyndon Johnson his request for an unpopular tax increase, beat every tom-tom and kettledrum for economy, and force the President to take responsibility for specific spending cuts. The House last week voted 238 to 164 to do just that.

Amending a routine financing measure, the House lopped between $5 billion and $8 billion...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!