National Affairs: The Week's Work

Last week the President: ¶ Signed the $126 million Airport Aid Bill, a bill raising the interest ceiling from 4.75% to 5.25% on G.I. housing loans, and the corporate-and excise-taxes extension bill (see The Congress). ¶ Marked off a new line of fiscal frugality for his Administration. A balanced budget was something he was earnestly striving for, said Ike, but he pointedly omitted previous hints that this might mean a tax cut. Said he: "We should be starting to pay off our [$284 billion] debt . . . Congress itself expects us to get...

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