Time Clock, Dec. 13, 1954

HIGHWAY PROGRAM, which originally called for government spending of $50 billion over the next ten years, may be cut almost in half by the time it gets to Congress in January. General Lucius B. Clay, boss of the President's advisory committee, thinks that the first goal was too high, will recommend a $26 billion program to be financed by federal revenue bonds over a 30-year period instead of toll charges.

ICC SHAKE-UP will be recommended in a Cabinet committee report going to the President this month. The Committee wants the President to ask Congress for a complete overhaul of ICC rules and...

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