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1956 Washington Report 1 (1956)

handle is hein.tera/wingtore0008 and id is 1 raw text is: 920 Washington Building 09 Washington 5, D. C. February 8, 1956 TREASURY-POST OFFICE BILL, FIRST OF ANNUAL MONEY PASURES, PASSED BY HOUSE ,11TH REDUCTIO'S PPOOSED IY IA !O1Rj.ATlO;jS COC 1ITTEE Reductions from budget estimates of less than I percent were made by the House in passing the Treasury and Post Of'fice Departments Appropriation Bill for the fiscal year 1957 (H.R. 9064) on February 7. It was the first of the annual money measures to be acted upon. The reductions from budget estimates accorded with recommendations of the House Appropriations Committee. Passage was by a voice vote, No amendr.ents were offered, The total in the bill is $' ,618.7 million, including $643.4 TOTALS million for the Treasury Department, $2,973.9 million for the IN BILL Post Office Department, and Ql. million for the Tax Court of the United States. The total is $,31.2 million below budget est- imates, reductions of $5.1 million being made in funds for the Treasury Depart- ment, and $26.1 million in authority of the Post Office Department to incur obligations. Appropriations for the Post Office Department are from postal receipts except for a deficit, estimated in the budget at .i3h70 million. This deficit would be reduced to 3L43.9 million under the bill, assuming Congress will re- fuse to increase postal rates and postal revenue forecasts are correct. The deficit for fiscal 1955 was $362.7 million and the estimate for fiscal 1956 is $I'o.6 million. Other funds under the Treasury Department, but on which no action is nec- essary by Congress, include authority for fiscal 1957 expenditures from perma- nent appropriations amounting to $7,809.8 million, mainly for interest on the public debt, and from trust funds outside the budget amounting to $8,951.i million, largest items in which are for the Old-Age and Survivors' Insurance and Unemployment Trust Funds. Appropriations for fiscal 1957 are $286.2 million in ex- INCREASES cess of those thus far made for the current fiscal 1956, those OVER 1956 for the Post Office Department being 22.2 million larger; for the Treasury Department, $33.8 million larger; and for the Tax Court, P19%,OO0 larger. However, there are pending supplemental appro- priations for fiscal 1956 amounting to $175.3 million, nearly all of which is for pay increases approved by Congress in the last session, for which no funds were provided. If these supplemental items are added to present fiscal 1956 appropriations, the total in the fiscal 1957 bill is $110.9 million above amounts budgeted for the current year's program. This net increase includes $101.9 million for the Post Office Department, $8.8 million for the Treasury Department, and $123,000 for the Tax Court. NOTE: The contents of thi, report are not for publication or reproduction,

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