Time Clock, may 23, 1955

BUSINESS IN 1955 will break all records, with gross national product hitting $375 billion, some 5% above last year and 3% above 1953's alltime peak, predicts Roy Reierson, chief economist for Manhattan's Bankers Trust Co.

NATIONAL DEBT LIMIT will have to be pushed up this year, possibly to $285 billion, $4 billion higher than the current statutory limit, which expires June 30. At current rates of spending, the debt will fall between $281 and $285 billion by the end of the year. President Eisenhower will probably ask Congress to boost the limit by the...

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