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Show U. S. BUDGET SYSTEM BILL IS PASSED WASHINGTON, May 1, Senator McCormlok's bill to establish a national nation-al budget system was passed today by tho senate and now goes to conference. Under tho senate plan tho budgot bureau would be under tho supervision of tho secretary of tho treasury, whllo tho bill recently passed by tho houso places It dlreotly under tho president. Both moasures l-equlro tho president to submit a budget to con-gross con-gross each year and proposo many limitations on expenditures. 00 |