Show sets congress keynote washington how are ore programs affecting business faring at the midpoint of this congressional session A quick appraisal abols that most measures important to busi business nepo are still in committee that moderation has bag thus fay for prevailed that the final outcome is to uncertain legislative record of business measure measures included budget planning businessmen businessman have provided active tup sup port r for or members of the he cool v gressional ess ional econ economy orny bloc seeking to cut appropriations end and re strict future programs toa to assure Asure sound government fiance the economy ight fight will an W cc compa pay both bob senate te and hause A bildon has bag aea been sliced from the budget ahw r f cut ot of several billion Is a boug sought taxation congress continued the 52 per cent corporate income tax rate after rejecting proposals for a graduated corporation po ration income tax and a billion dollar in wartime war time excise taxes its now touch and go w whether hether he the house will vote a tax cut effective next january but a tax reduction bill is considered sure next year inflation proposals for standby stand by price and wage controls ig ignored no action taken on gr grant n of control over installment credit to federal reserve board senate finance committee to conduct investigation of general government finance money and credit increased interest rate on savings bonds voted by congress banks authorized to raise rates on savings to provide funds for expanding economy labor regulation no pro gross gress haa bat been made in enactment of bills designed to restrict monopoly power of labor union bosses measures pending include hiestand bill to put unions under antitrust law mcclellan lansmith bill to preserve pre serva right of states to restrict union picketing and violence curtis cu rols bill to 10 tighten anti seconda y boyc boycott OIA provisions at th the same time ume congress Con greis has taken no action on union do mands for repeal or emasculation of taft hartley flartley act whether mcclellan McClel Tan committee exposure of links link bobeen bosses and hooding hoodlums will lead merely tp jo welfare and pension aup lis r ff ar or to hear of i ills 0 of ap u fleory unionism is undetermined antitrust measures congress it has s before it the report of the attorney Al attorney torney generals Genei als committee f for r revision of the antitrust laws T a report by expert experts with proposals for clarification long overdue senator kefauver D tenn plans to resume investigation of economic concentration in the next several ws depressed areas A strong new fair deal moye movement went Is 13 no tm dor way for enactment of a depressed ahei area bill this measure starting with federal loans and grants of could gr grow ow ati ultimately to briqus cariou federal inter lon ih in local location of factories anc and federal support of fac factories in depressed areas through forced diversion of government procurement regard regardless leps of price atomic congress la is dragging its feet on strongly urged by bU business busl to speed private enterprise gains in atomic energy th joint committee on atomic energy has been asked by i business to provide government indemnity against atomic alsa tat tar far beyond aty dad ordinary concepts but no action has ben taken similarly normal patent procedure bag been urged again with no action meantime new now fair gair deal groups are demanding legislation to compel expenditure of hundreds hund riNh 0 of millions to build government atom power plants |