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2 Tax Foundation's Washington News 1 (1950)

handle is hein.tera/wingnews0003 and id is 1 raw text is: NET RECEIPTS$.... .. EXPENDITURES 21.9 .. January 6, 1950 voi.J... -2 BALANCE4...d.. . . 920 Washington Building Washington 5, D. C. Speed is the keynote of the new Congress. The first week in Washington shows there will be a minimum of delay in the legislative program No organization difficulties, very few new billb *.the Congress merely picks up where it left off October 197._ATWf course, everybody is thinking of an early adjournment in an election year. Appropriation subcommittee hearings are off to an early start in the House -- even ahead of the President's Budget messages The first -- Treasury-Post Office -- started January 5, all other major hearings scheduled for Monday, January 9. Tentative time-table calls for all hearings to be completed by March 3, consolidated bill to be sent to the Senate by ApniT . This week's rumor that the single-package appropriation procedure may be dropped may not be as serious as it seems. It was reported that Speaker Rayburn was not sold on the idea and might stop the procedure in caucus. Latest story is that Rayburn and Chairman Cannon may have resolved their differences. Senate is also moving ahead quickly on appropriations. Chairman McKellar has appointed a subcommittee to meet with House members and ease the growing pains of the new procedure. And Senate subcommittees are reporTed ireadyto start their appropriation heEFris two weeks after the House groups get started -- long before the bill reaches the upper chamber. The pattern of the Second Session was set by the President's State of the Union message Wednesday. Fair Deal, 1950 version, is al- most identical with Fair Deal, 1949. The tone was more conciliatory -- towardTusiness and for economy -- but the s-ustanoe was the same. As expected, there were no surprises in the message -- with one little-noted exception that may or may not be significant. Although the President talked economy and balanced budget, and felt impelled to ask for unpopular tax increases, he did not so much as mention the Hoover re- organization changes as part of the program for the coming year. Over- sight or change in policy? rlashington canrt tell yet.

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