THE CONGRESS As the bill cutting individual income taxes 10½ to 30% reached the Senate floor last week, Democrats took a new line. Said elder tax statesman Walter George: all he wanted was to wait until June 10. Then the appropriations bills would be through and Congress would have a better idea of what expenses would be. He did not see how the 1948 budget could be cut more than $2,786,000,000. But if the G.O.P, could save $3 billion, he would support the tax cut himself.
Colorado's Eugene Millikin, Finance Committee Chairman, was unimpressed. According to his estimates, enactment of...