About | HeinOnline Law Journal Library | HeinOnline Law Journal Library | HeinOnline

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.

What Is HeinOnline?

HeinOnline is a subscription-based resource containing nearly 3,000 academic and legal journals from inception; complete coverage of government documents such as U.S. Statutes at Large, U.S. Code, Federal Register, Code of Federal Regulations, U.S. Reports, and much more. Documents are image-based, fully searchable PDFs with the authority of print combined with the accessibility of a user-friendly and powerful database. For more information, request a quote or trial for your organization below.



Contact us for annual subscription options:

Already a HeinOnline Subscriber?

profiles profiles most