Show Votes Cut The all-Important house ways and means committee has voted a 20 per cent slash of the federal admission tax on stage and sport The were it to become would mean an annual loss estimated at bringing the total cuts and exemptions approved thus far to Political observers agreed that the cut would be a popular vote-catching but at the same were beginning to wonder If there are enough in existing tax laws to make up the deficit that appears President Truman was of opinion that by tightening certain tax funds will be available for government operations the next fiscal In the President threatened to veto any bill that fails to offset the losses by provision of new revenue from other He asked that the excise cuts be held to At this point another problem The committee had not yet voted on two of the most Important of wartime excises communications and Some members predict that another cut would be approved in these If that should be the the total reduction would climb to more than What happens If Truman kept his word he would veto any bill that did not take up the slack from another Add to the cut is billion above what the President It seemed that a battle was shaping up for the It was an interesting to say the least |