Show dy george bansen thero there appears to lie be a widespread o feeling that tile tho cost of foreign relief will preclude a I 1 new 1 0 republican program to substantially subs t a 11 reduce government costs and taxes many new deal stooges dally daily give voice to such arguments maintaining that ill all republican pledges to cut expenditures and give taxpayers much needed rollet are re impractical the sural surplus us just will not be large enough they them say to fulfill any such promises well weh lets have a look at the record it shows allows a very favorable for enactment of tho the republican program according to mr air Tr own figures all stamped with the authority ilio dhority rity of the treasur treasury r and the budget bureau the surplus on june dune 30 1948 will be 47 billions total leounes lev unes the president says will be billions no one takes cheso figures as the last word however for mr truman has been notoriously wrong on all his estimates since assuming the presidency today treasury statements show revenues running at a higher rate than the administrations estimates government finance exports experts after a careful study a of a all conditions declare the total bave revenue nue will reach at leara 43 bit lions on the basis of expenditures as now running this would leave a surplus of 6 billions theres Th ereis every prospect of a greater surplus than illan that however revenue receipts for the first quarter of the fiscal year were vera 98 billions employment and business activities are at an unusually high level which it if maintained as there Is no doubt it will be tho the same proportion of ta tax x revenues will obtain obtain that would mean total collections of nearly billions on the basis of mr Tr expenditures fig ure this would mean a surplus biot of 7 79 9 billions it if expenditures should od run a billion above his es ea dimate it it would mean a surp surplus of 0 billions foreign relief budget figures tor for the fiscal year aro are 43 billions of which 17 billions are for the british loan with which we are now furnished any emer gencay relief adopted by don con gross will add slightly to the years total but it will be late in spring before any of it is spent that will not greatly change the budget position the point to la this jf it the marshall plan Is ia adopted it will be merely continuing a program which we have maintained for several years it will not be starting 1 from zero and adding 4 or 5 billions to the budget therefore a surplus of 69 or br 79 billions provides ample funds tor for foreign relief as aa well as substantial I 1 taxi tax cuts besides the congress can mako make much greater savings in all government departments part ments |