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Show r DESERET NEWS, Wtdnwdoy, October 18, 1967 Single U. S. Budget Favored Experts - Ad- - which does not include the WASHINGTON (UPQ fiscal experts billions of dollars in expendiwere studying a tures and receipts in the Social Wednesday presidential commissions reo Security, highway and other ommendation that the three government trust funds; the federal budgets now cash budget, which includes the competing In use be replaced by a single, trust funds; and the National Accounts budget, which comprehensive "Budget of the Income measures the effect of governUnited States." ment spending on the nation's In a complicated, economy; k report on the way the government outlines its spending One budget, the commission plans,1 the Presidents Commis- said, would be "a more useful sion cm Budget Concepts said and understandable instrument for public policy for years to Tuesday that the three-budgmethod leads to public confu- come, sion, making it ."difficult for the There wag little expectation of ordinary citizen to keep abreast any great rush to act on the of what- his government is commissions recommendation, however. For one thing, under doing! - The three now Jo. die commissions proposed Jiae budgets there would have are the administrative budget, gle foinistratlon 108-pag- e - t, By Bil THE FAMILY. CIRCUS Kn RE1IIA JtfOHEL DEER RIFLE bigger' federal deficit figures in seven of the past 10 years than showed up on either of the current three budgets. In the current fiscal year, which began July1 1, the recommended Budget of the United States would have shown a deficit of 810.3 billion had President Johnson used the commissions method when he sent his spending plans to Congress last January. - But the red ink on the three all of which other budgets were used by news media, government agencies and legislators in one form or Another ranged from a low of 82.1 billion to a high of 88.1 billion. With 'administration officials currently talking of an anticipated budget deficit that could run as high as 829 billion there seemed little likelihood tint a new single budget method would soon be adopted that would splash even more red Ink on the governments books. The commission, beaded by David M. Kennedy, board chairman of Chicago's Continental National Bank A Trust Co, made a number of other controversial recommendations controversial , because .they would tend to focus government and public attention on prosome grams and policies officials and Interest groups would prefer to remain out of the spotlight Among them were: Frequent revision , of the budget estimates durJanuary ' -ing, the year, to reflect congressional action as well as changing circumstances after Congress adjourned. A quarterly or semiannual breakdown . of - budget ' totals, Including expenditures, receipts and the deficit or surplus, to help economic planning. Budget projections extending several years into the been oo UP Mommy, they put the moon bach together again." 'DETRIMENTAL TO US. - i , Import Quota Plan Attacked By, Rusk - Set WASHINGTON (UPI) . retary of State Dean Rusk a stem warning today to gave Congress against approving protectionist trade proposals. He said such laws would he 'critically detrimental" to U. S. national interests, could precipitate a serious depression" and .would invite retaliation by other countries. Testifying before the Senate Finance Committee, Rusk presented one of the Administra-.tion- s toughest and most com- plete arguments against protec- tionism tad Tmttey. teteiwte ssrrssAAA dwit rtASritd wsdAitdar. Ht was M. Ra Yl Ascot tad ta tad CMa (MmcAa) dynasty at tkt Aft dt ta IN avartArawa la 111 aa a ratal at Dr. San Yat Ma-- s rastdttaa. Admiral fir Reft-is- ) LONDON (URI) DESERET NEWS X W. SOMrM Witte. M Wetter ARvartHiit tn4 Clrctatata. St. Mm , 11.City, 'tot Uk EtftbMwd Jun. rote-fr- Ute Wit 1 . ttSO. 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Church Notes only, six DIAL 521-35- 35 , months S3 OA ono yoor S1SO lovalUblt in aroos without csrrter strvics) only Rra , . Atambor Audit Suroov of CAxviatlant. mol tub scrtations art aorobts At a , BEG. rd:jk3Tc:i i,:g:el7C3 REG. 13495-R- ich 243,270,303 Ida D.G.O. Towmatasltad Order) tar settaa at taUyrrwL gteter Baak tad tallaad darta a ' BEER SHROUDS mi495--miu- st stock with high Monte Carlo com! REG.99.95-22-i- . D-L- - - SAVE OS Dntsmima -- 'Prayer Day' barriers by meeting tighter quotas on 85.7 billion of U.S. imports. DEATHS Rusk also pointed out that enactment of import 'quotas TOKYO (URI) Maury Rd Yt te .would "not only destroy the test imw at ChinA wtwni Jaasasia RMARSt rate HWmf At mllltrlsts in the Kennedy advance made Aunt Attars Wtrid War l, dted la , - popular calibers All thoroughly reconditioned Deposit required MINI Nation Notes d - . Will I -- same' budget treatment for the governments controversial "participation certificates as for Treasury securities. Republicans call these certificates a "gimmick designed to make the budget look smaller Round but reverse a long than .. it is and to , really " standing national policy" of circumvent the ceiling Congress trade. seeking freer World has imposed on the national ' . . The consequences of such a debt would be repudiation critically detrimental to our basic national interests," he testified. Rusk was the first of five Cabinet members sent to Capitol H1U to testify at the Senate bearings against proposals to set import quotas In a WASHINGTON (UPI) -- By long list of commodities, from act of Congress and proclama' tion of steel to baseball gloves. the President, Wednesday The Finance Committee is q "national day of prayer." chairman, Sen. Russell B. Long, Newest and least widely opened the hearings with observed of America's national sharp attack on rising holidays, the day of prayer has imports. "Try to explain to a U. been proclaimed annually since S. textile worker who has lost following completion earlier tills year of lengthy and complicated "Kennedy Round" tariff negotiations in Geneva. Rusk" asserted1' that the Ms job that all of this is in the various protectionist proposals national Interest, Long said.' before Congress-woulnegate TeU it to his family." the freer trade agreements "Its - time someone began negotiated at the "Kennedy showing some concern for our Round" and would impose new own people," he added. Good selection of B iHi ll KM1HI ' nook. x a warmth to sleeping bags i. returns up to 80 of users body heat . . Waterproof Windproof . " - |