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25 Tax Foundation's Washington News 1 (1973-1974)

handle is hein.tera/wingnews0027 and id is 1 raw text is: 1725 K Street, N.W. Washington, L. C. 20006 A TREVIEW OF THE NEW 93RD CONGRESS The now 93rd Congress convened January 3, featuring many new faces -- 69 freshman House members and 13 new Senators. The early days of the ses- sion have been devoted primarily to organizational matters; final, formal approval of committee assignments will not be completed for another week. Despite some discussion to the contrary, it appears unlikely there will be major legislative activity until after the January 20 inauguration and sub- mission of the President's state-of-the-union, budget, and economic messages lator this month (see nage 3). The new Congress faces a heavy workload, amid signs that confrontations with the Executive over such issues as expenditure control, disinvolvemient in Vietnam, and the exercise of executive arivilege in relationshios with Congress, may be intensified. Though much attention is focused unon the Vietnam question, the most significant issues in this year's session may involve control over Federal spending. The last Congress established a snecial joint committee to search out and recommend new Drocedures for im- proving Congressional control over the Federal budget (see page 3). While a February 15 renort by this committee was then specified, Senator Mansfield has alrcady indicated an intention to seek an extension of time. Related to this effort is the expressed determination of Congressional leaders to con- test the President's powers to hold down spending by imnounding appropriated funds. One of the first tasks of the 93rd :3ongress will be to clean up some of the unfinished business of the 92nd. Two of the fiscal 1973 apnropria- tion bills have yet to be enacted -- foreign assistance, and the twice- vetoed Departments of Labor and Health, Education, and Welfare measures. Congressional leaders have indicated that several spending bills passed in the closing days of the 1972 session, but later vetoed by Fresident Nixon, will be revived and given early consideration. (For background information purposes, the key budgetary and related actions of the 1972 session are summarized on page 2.) An imposing backlog of other legislation, including extension of wage-price control authority (by April 30), welfare reform, health insurance, minimum wage, and executive reorganization proposals, as well as major highway and housing measures, also await consideration. Tax reform, of course, also will be an important issue in the new Congress. The House Ways and Means Committee is exoected to open several weeks of hearings on tax reform proposals next month, and Chairman Mills (D-Ark.) has indicated he hopes to have a bill ready for House action by mid-year. Many observers here, however, predict it will be 1974 before action on tax revision legislation is finalized. Vol. _1 No. -I January E2, 1973

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