Show I i IP eSe t V t cr ug MONEY AND figures figure have havo been makin making the newt news in Washington Washing ton for lor the past week or so 0 Some of the news new was wu good 1 and someo some lome of o it 1 bad bed The Tho bad pew newt for the public was the fact tact that the nations nation's living c costs a increased for lor th the second conc straight month Higher prices for food rent ren medical care gasoline and motor oil 01 were cited b by the Bureau of ot Labor Statistics as the chief factor In th the cost of cost of Increase Living costs reached a peak peale last lad November from tram which the they de des declined cUned during durin the winter They bean began be be- gan gaa an rising riling again allain in the th spring pring and aDd early summer and reached a anew new high In The mid June figure was wal 1148 1145 p per r cent of the 1949 average avers The latest Index reflecting mid July prices prieta and establishing es ea another record was 1147 1141 The good news tot for the th nation e MUSI as the announcement b by Treasury Secretary Humphrey that thai the the U U. S. S has ha reached the tha turning point toward to to- ward ward a balanced budget budge He lie an an- tto meed the government will wW spend r to tp t the th fiscal peat ar and hav av Dee o t receipts r pu of 01 S 08 86 8 It wilt wil wind up the year ear with a deficit of and a national debt of 1211 These ThelO figures figure mean that the national national na debt will wW be bo lower than the administration predicted pre pre- pre pre- I I dieted in July The new sew figures place the budget almost in balance next July Judy Jw 30 SO considering straight cash cah Income to the government and aDd cash outgo The lb government also announced an an- that the th public paid a record amount of taxes in the tail last fiscal year year Total collections were wre 72 77 1 per cent higher than in the previous year Corpora Corporation on taxes tax increased by bythe bythe the smallest amaUs percentage of any classification Corporations paid Income Income In In- come com and profits taxes amounting to In tn fiscal I 1053 1952 and In l fiscal 1853 tUn The Th lucre Increase le In lb personal Income and employment taxes tax was pet per cent Individuals paid In 19 1932 1957 In fiscal I 1933 1953 they paid 11 This made mad Ins Individual In tn tax tar ta p payments n ta t the the- biggest bili single source tf CS Revenue revenue in excite excise tu I ta 1953 1052 and 12 la 19 Alcohol uc taxes tue totaled |