Show URGES EXCESS PROFITS TAX WASHINGTON Aug 9 P Sec PI-Sec- Sec Secretary forecasting a I federal deficit this year fear urged congress Friday to open another source of government revenue and provide a better distribution distribution distribution dis dis- dis- dis of defense costs by enacting enacting enacting en en- acting an excess profits tax An eventual increase in the present present pres pres- ent tnt federal debt to permit more deficit financIng financing Ing ng was sas predicted by while Daniel W. W Bell treasury undersecretary undersecretary undersecretary un un- said that at the present present present pres pres- ent rate of defense expenditures it would be necessary to Increase the limit by about next summer unless new taxes are arc raised 4 |