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1954 Washington Report 1 (1954)

handle is hein.tera/wingtore0006 and id is 1 raw text is: 920 Wjjr'tqn . yliIing No. 63 Washington 5, D. C. February 23, 1S;54 TREASURY-POST OFFICE DEPARZIENTS APPROPRIATION BILL--FIRST OF ANNUAL MONEY iASURES-- PASSED BY HOUSE ',ITH ONLY SIMALL REDUCTIONS FROM BUDGET REQUESTS As passed by the House, the Treasury and Post Office Departments Appro- priation Bill for fiscal 1955 (H.R. 7893) carries a total only tvro-tenths of one percent below budget estimates. The House made no changes in the bill as reported from the Appropriations Committee. No amendmeros vere even offered. The total in the bill is $3.3 billion, of wvhich $577.9 million is for the Treasury Department and ,2,755 million for the Post Office Department-~ the latter to come from postal receipts except for a deficit estimated at about $324 million. Funds for the Treasury Department are only :P927,400 below budget estimates, but $3I.l million below current fiscal 1954 appro- priations. Those for the Post Office Department are $4,6 million below budget estimates. The estimated postal deficit for fiscal 1955 is 4P113 million below the latest estimate for the current fiscal 1954. The relatively minor reductions from budget REDUCTIONS FROM estimates for the Treasury Department include (402,700 BUDGET ESTIMA~TES for the Bureau of the Public Debt, 25l,300 for the Bureau of Accounts, $101,000 for the Office of the Treasurer, $88,000 for the Internal Revenue Service, $50,000 for the Bureau of the M1int, $20000 for the Office of the Secretary, $10,700 for the Coast Guard, and $3,700 for the Bureau of Customs. Budget estimates for the Bureau of Narcotics and the Secret Service were approved without change. Cuts for the Post Office Department are small in comparison i ith those for past years. They include <>2 million for operations, $1.1 million for facilities, $1 million for transportation, and $494,000 for administration. Substantial saVings have been adcomplished through ADiIINISTRATIVE administrative action in the Treasury Department) accord- SAVINGS ing to information presehted t6 the House Appropriations subcommittee by Secretary Humphrey. 6r. Humphrey told the coimmittee that in the Internal Revenue Service savings of 413.9 million had resulted from reduction of field supervisory offices, elimination and decentralization of vork previously performed in the national office, installation of a new system for handling income tax and information returns, and elimination of 5,000)000 excise-tax returns annually by changing the filing period from monthly to quarterly. The three fiscal bureaus, he said, NOTE: The contents of this report are not for publication or reproduction.

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