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AMERICAN TAXES.

CONGRESS REALISES POSITION. need of balancing budget. (united press association—by electric TELEGRAPH—COPVEIGHT.) (Received June 2nd, 5.5 p.m.) WASHINGTON, Juno 1. Congress sped to the conclusion to-day that its greatest peace-time task was that of balancing the gaping Treasury deficit, and to preserve the United States dollar from the attacks pictured by President Hoover. The billion dollai Revenue Bill was returned to the House again, and was directed to a conference between the two branches of Congress in order to get final agreement on legislation. The House of Representatives acted unanimously. It did not instruct its delegates to a conference with the Senate to stand by this or that provision of the original House Bill. This will expedite action by the conference. The gigantic tax Bill, aimed at providing 1,11-5,000,000 dollars in new tunds for the Government next year, will do the job of putting the country on a pav-as you-go-bnsis a«ain, asserted the spokesmen for tho Administration.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/CHP19320603.2.73

Bibliographic details

Press, Volume LXVIII, Issue 20563, 3 June 1932, Page 11

Word Count
159

AMERICAN TAXES. Press, Volume LXVIII, Issue 20563, 3 June 1932, Page 11

AMERICAN TAXES. Press, Volume LXVIII, Issue 20563, 3 June 1932, Page 11