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1955 Washington Report 1 (1955)

handle is hein.tera/wingtore0007 and id is 1 raw text is: 920 Washington Building No. Washington 5, D. C. March 16, 1955 TREASURY-POST OFFICE APPROPRIATION BILL PASSED BY HOUSE WITH REDUCTIONS REC'4TIMNDED BY APPROPRIATIONS COMMITTEE Moderate reductions from budget estimates were approved by the House in passing the Treasury-Post Office Appropriation Bill for the fiscal year 1956 (H.R. 4876) on March 15. It was the first of the annual money measures to be acted upon. A net reduction of 2.3 percent accorded with recommenda. tions of the Appropriations Committee. No amendments were offered on the floor and passage was by a voice vote. The total in the bill is $3,283 million, including $595.8 TOTALS million for the Treasury Department, $2,685.7 million for the IN BILL Post Office Department, and a little more than $1 million for the Tax Court of the United States. Appropriations for the Post Office Department are from postal receipts except for a deficit esti- mated, after taking account of reductions, at about $226 million. The total for all agencies in the bill is $77.7 million below estimates for fiscal 1956 and $63.3 million less than appropriations for the current 1955 fiscal year. Huge additional amounts handled by the Treasury Department, including interest on the public debt and trust fund transactions, are expended under permanent authorizations and do not require action in the annual appropri- ation bill, For the Treasury Department, there was a reduction of TREASURY $8.6 million from budget estimates of $604.4 million. The REDUC°LONS total approved, however, was $5.9 million more than appro- priated for the present year, Of the 8.6 million cut, $7.5 million was at the expense of the Internal Revenue Service, which re- ceived $278.5 million, about h7 percent of all Treasury appropriations re- quiring annual action. Small reductions were made in funds for the Bureaus of Accounts and Public Debt, the Office of Treasurer and the Coast Guard, The Appropriations Committee, in explaining the reduction for the Inter- nal Revenue Service, said that only 289 new revenue agents had been hired although funds for a much larger number had been provided a year ago, The committee was of the opinion that the Service probably would reach its opti- mum employment level with the amount granted for fiscal 1956, which is $4.8 million above the 1955 appropriation. Internal Revenue Commissioner T. Cole- man Andrews said that the committee had misunderstood the situation and he hoped the Senate would approve the original request, NOTE: The contents of this report are not for publication or reproduction.

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