Systematic Debt Reduction: Hearing Before the Committee on Finance, United States Senate, Eighty-fifth Congress, First Session, on S. 1738, a Bill to Provide for Systematic Reduction of the Public Debt. June 11, 1957U.S. Government Printing Office, 1957 - 68 ページ Considers a program to reduce the national debt by lowering the public debt ceiling each fiscal year. |
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$75 billion amount equal Amount required annual appropriations become effective borrow CHAIRMAN Congress COOLIDGE debt ceiling Debt Reduction Act debt retirement decrease in tax dollar EDWARD STREETER effective July Effective on July ending on June estimated executive branch expend Federal debt Federal Government fiscal year ending fiscal years 1958 income increase inflation interest rates Internal Revenue Code Jefferson Coolidge June 11 June 30 legislation LEVERETT SALTONSTALL Liberty Bond Act loss of revenue ment national debt paragraph percent President problem proposal public debt limit Public Debt Reduction receipts reduce the debt reduce the public required for reduction revenue law revenue resulting Saltonstall bill SAVAGE savers Second Liberty Bond Secretary section 21 Senator ANDERSON Senator BENNETT Senator CARLSON Senator Flanders Senator FREAR Senator JENNER Senator MARTIN Senator SALTONSTALL sinking fund statement surplus suspension Tax Foundation tax or duty tax rates tax reduction unexpended balances United States Senate
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