, ae > y | . oi v . c 3 | » ° q- i oF , > } Kc * | | i 3 | mn) : i : aN 4 §) House Facing ‘Annual Chore’ | Today: Increase Debt Limit | ie ee i+ »** 2 ¢*a eq Se A a eee re ee eee Boe. ee bee Oe Pie oor ae WASHINGTON A tea ee re Pet pee: aoe er PL A as + er PROBE RT FEO ee p a Se Te (AP) — The back into the Ways = |house faces up today to its pe- Committee. #2 riodic chore of considering ie Rep. ae en alee Dae a ee ee , ee «-&? 404 ee John W. Byrnes of WisIncrease in the national debt limit to allow for expected red consin, senior Republican mem- || ed esc eee ee Se * x eo a ae ed a ee ee are ee a oe Peete ve © * 1 w,0:.6 2%. ro. Se a i ee a : in No wrtnces ink spending. ber of that tax-writing group, It is expected to approve, aft- has said he thinks the federal|| er considerable criticism, the government could live with aj 8 *rraeeee and Means |{ ee = ¢ ee) Ce el ied el " i 2. oe oe ee ee > =.°¢,9 * *+e.¢* Se oe ee ee ee ee ee Oe ee eed SR Oe. ee ee a a oe , oe el | a oe ee et a ee oe te * oe tnt iil te = |administration’s request that limit of about $320 billion if it) = |\the limit be increased July 1 kept a tight rein on spending. ~ @ | to_$324 billion from $315 billion. FORECASTS i a oh Da ee Ce eo Unless Congress acfs, the limue it under existing law automaticSe ae ee an Se | ally drops July 1 to $285 billion— sidering the increase, Secretary || | eT afl well below the expected debt. _ OUT TO DEFEAT BILL _ Rather than suggest a smaller =» a. ror oe rrr : ; gt Tx yo >: . y os ‘ hy p> “is ae a4 . + . ' 74 . -o) “ss = rite! @ 0 6. O.4r eo onatete | ts a f - en 7: e e989?.. wrens of the Treasury Douglas Dillon|}, forecast a deficit June 30 of $8.8 billion from operations of the| fiscal year now ending, and all } increase, as they have in the deficit for the following year of |} : past, Republicans this year are 0.8 billion. The ad: inistration |} § oving to defeat the bill. This has said it expeets' the® }would force the debt limit issue balance a years@r - - : 2 DEFICIT While the committee was con- a n | Sal men oe