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The Bismarck Tribune
Bismarck, Mandan, Burleigh County, Morton County, North Dakota
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In Washington on Aug. 12, Secretary Mellon informed the administration and Congress that a $350,000,000 reduction in departmental expenditures, agreed at last Tuesday's White House conference for tax revision, requires utmost economy. House debate saw Democrats attack the program as benefiting only the wealthy with 'paper savings,' while Republicans claimed it would relieve $600,000,000 yearly from the people.
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Declares Expenditures Must Be Cut Materially
Washington, Aug. 12.—Both the administration and Congress were told yesterday by Secretary Mellon that the $350,000,000 reduction in estimated departmental expenditures, agreed upon at the White House conference last Tuesday as a part of the whole tax revision program could be accomplished only by the exercising of the utmost economy.
The tax question was brought into the house debate yesterday, Democratic leaders attacking the program which charges that only the wealthy would benefit by most of the proposed changes in the revenue law and that the curtailment in departmental expenditures for this fiscal year agreed upon at the White House conference would prove merely "paper savings."
Republican leaders replied with the declaration that the new law would lift $600,000,000 off the people yearly.
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Domestic News Details
Primary Location
Washington
Event Date
Aug. 12
Key Persons
Outcome
$350,000,000 reduction in expenditures agreed; new law to lift $600,000,000 off the people yearly
Event Details
Secretary Mellon told administration and Congress that $350,000,000 reduction in departmental expenditures from White House conference requires utmost economy for tax revision. House debate: Democrats attack as benefiting wealthy with 'paper savings'; Republicans defend as yearly relief.