Show CURB FEDERAL SPENDING There have been many many p panaceas n ce s proposed to curb inflation but the No 1 l' l solution se seems seems ms to haVe eluded some of our national leaders It Jt is of course course urse to cut federal expenditures Official l Washington might well be be particularly receptive recep tive tive Ive to this method for the cost f living seems seems to be begetting getting out of h hand nd In 1 the nations atio c capital The Labor Department reports thai that while the national living cost index was up 56 per cent In August Augustas as compared to the same period in 1968 It rose 63 per per cent In Washington Wash ington D D. D C. C While While the the Administration is attempting to hold down federal spending calling for a 59 billion surplus in 1970 the House of Representatives appropriation bills inthe in inthe inthe the present session are exceeding the budget by and the Senate has exceeded the budget by The House Is also considering legislative bills with spending authorization exceeding the budget by while the Senate has bills exceeding the Administrations Administration's budget by This means that with the bills now under consideration Congress could exceed the budget by at least 1353 billion It Is hoped that this tangible le evidence e of these figures as well weIl as rising living costs will influence the members of ot Congress and the Executive branch to insist on an effective reduction in federal s spending pending to help halt bait the ever rising inflation |