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Show . THE OGDEN ‘STANDARD-EXAMINER OGDEN, UTAH, MONDAY EVENING, JANUARY 19, 1959 "HERE'S HOW IKE DIVIDES TAX DOLLAR Here’s the division of U.S. tax dollar and its pepe a JeeunO ner: s pases’ message to Congress. Continued: from. Page ‘I housing and home finance pndzet This was compressed from an in foreign aid, from an antici-| pated $3,881,000,000° this year ‘to $3,498,000,000 next.’ ‘Biggest re‘duction was a 462 million ‘dollar. drop in military assistance, partly offset by increases elsewhere. | estimated $1,064,000,000 this year ‘to 318 million dollars next. The budget said this was possible be- cause of a sharp drop in mort-| gage purchases under an antirecession program and plans to liquidate other mortgages by trading them for government STEPS. ‘ON TOES Placing heavy emphasis on halt- | ing or tapering off what some regard as federal handouts, Eisenhower stepped on many toes by: —Proposing to slash the farm budget from an estimated $7,340, bonds. -—Cutting new spending for| +’1,027-page budget where Eisenlocal hospital grants, health re- hower proposed sizable. increases search facilities. and. waste treat-|. in spending. The main exception item n° ane huge as it was, his me) aebe where he had no on the ‘national ry budget was only 145 million oc eepedie the duilars more than expected spend-| , Even t he atat 585 Talltion dollars ing this year, a fact sure to pro-| aos e end of the next fiscal year, voke outcries from congressmen clamoring for bigger defense out- just as at the start, the President : said interest costs will climb from $7,500,000,000 this year to 8 bil-|: lion dollars next, because it costs |’ more to borrow ‘money. a lays. WANTS PRIVATE _ boot ‘was one any new! Seseeed “Sonon ment works. okay ema “It therefore seems both possible and prudent to take a breathing spell in the initiation of new projects,” he said. There were few spots in the to arn a ever. low-rent. public housing projects; flood control, navigation and irrigation programs, or hospitals for war veterans. —Refusing eed eee ident said that such projects were jacked up last year partly to combat the recession and that-spending for civil public works next year will be at the highest level 000,000 this year to $6,450,000, 000 and announcing he will try to revamp the “largely outmoded” price support system.. RO a” SPELL foci BREATHING In slamming the brakes on new public works programs, the Pres- eae : as FINANCING The President said he would ask for legislation to “encour- age” iva’ i cation and telephone college housing © and mortgages. Eisenhower message that ing Sonor 0 projects maritime : said in his 78-page his austerity-pros- perity budget was neither “ex. _travagant” nor “unduly limiting.” Republice “Tt rejects the philosopy that the national welfare is best served by ‘satisfying every deWASHINGTON (AP) — Conmand for federal expenditures,” | gressional reaction: to President, he said. 77-billion-dollar. His appeal to the Democratic | Eisenhower’s Congress to help keep the budget | budget presented today generally balanced was not expected to followed the usual party pattern. “Most Democrats were doubtful draw a sympathetic response. For.one thing, majority Demo-. crats had been criticizing the or critical. Republicans hailed the | effort to hold down spending. House Speaker Sam Rayburn | (D-Tex) said “I hope we can balance the budget but I don’t see budget. as too small even before its details came out. For another, his budget balancing hopes hinged on many proposals: distasteful to Congress — for ex- much chance for it under the ample, a postal rate hike on the President’s proposals.” — He said also that Congress is| heels of the 550 million-dollar boost - Congress _ ,sputoved last not likely to grant Eisenhower’s year. rrequest for authority to veto or to reduce individual items in auand appropriation ‘BLAST IKE’S ESTIMATES. oY horiz ation ills. Democratic critics also were expected to take issue with Eisen-| hower’s revenue and expenditure House Minority Leader Charles : A. Halleck (R-Ind) said the budget, as it stands, will provide : They pointed to the fact that a for a strong defense, for progress 3 year ago the President foresaw a in meeting human needs, and for 500-million-dollar surplus for this’ a prosperous and expanding econ_ year, but that the latest estimate omy. - for this year is for a deficit. alThe Senate’s assistant Republi “most 26 times that amount: ‘lean leader, Sen. Thomas Kuéhél _ One reason the 1960 budget is of California, “said the. budget a below this year’s spending is lays down a spendid formula @ at the President now intends defense. But he said he does ¢ * estimates for the coming year. to spend some extra money be- gree with tween now and June 30 when the ear ends. For exeis _2@urrent fiscal ample, he sai he will ask Consubscription to. the |" Monetary Fund.| one-shot payment; agein in the ave hig ‘reduction. ; in new peblic: fh spe works proj ec gress for $1,375,000,000. “promptly” for a U.S. International Since this is a it won’t appear budget.. Mocidan The the President there can be a breathing cats oe at 6% ist Mortgage ‘Raa ftw Loans Ineumanan ¥ outlined in President |