National Affairs: For the Little Fellow

For months in the Senate, the Republican leadership had known that the Democrats would make a hard try to tack an income-tax-cutting amendment onto the Administration's bulky (875 pages) tax-revision bill. Georgia's Walter George had first proposed a $200 increase in the personal exemption, later cut it to $100 when the Republicans stood firm against it. But tax cuts are always the sweetest of music in an election year; at the last minute the G.O.P. leaders thought they were whipped.

The "Sequence of Things." The day after Senate debate on the bill began last week, the Republican Policy Committee sat down in...

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!