Show I I This Week I In Washington D. D C. C Washington DC D.C. N Mon Moa Ion IonI it it I collecting r collecting appropriating and controlling it under our warI wartime wartime wartime war war- I time set up set Is is the major job fac faced d Se s t the by the n dt Severity seventh Congress all present indications b by next summer the con congress r S will have appropriated in the neighborhood of or additional nal dollars dolla for war equipment passed an addItional addI- addI Honal tax bill concluded concluded con coil eluded some plan for forced Investment investment Invest ment of wages in the government and enacted legislation to put cell cell- Ings on prices of consumer consumer goods I II The senate Is rushing debate of I price control legislation since the tIlE I public DubUc has been demanding it for man many months th the house has passed I II I I Ia a price control measure and the I senate banking committee has I u vurned 1 that price ico Increases cs which i might have lla been beon controlled already I have cost the public DubUc over Time The price price control measure passed by the house In the last session Is admitted even e even n by those who voted for for it to be an Inadequate measure for preventing Inflation Th The hou p. p passed Da the buck to the senate to formulate legislation which would have haye sufficient teeth in it and the senate has accepted the responsibility ity of enacting a satisfactory meas ineas- urn Probably the easiest Job joh from the tho viewpoint of ot most congressmen Is the tho passing of or appropriation measures even thou though h the appropriation appropriation appropriation demands are arc equal to half o of the total Income of all tho the people In the United States But con congress realizes that the public Is willing to approve all appropriations which have havo a war tag on them There will be somo heated debate debate debate de de- de- de bate over the passage of appropriations which are aro not tied up with the war program ram A Joint committee commit commit- toe tee on reduction of non-essential non federal expenditures is expected to recommend cuts of over a billion dollars on expenditures not tied up with the war program but it is believed be he- unlikely unlike that congress will take talco very much Interest In these proposed cuts which will seem dwarfed In importance by th the hugo huco hugot t for war Furthermore Furthermore Furthermore Further Further- more all government social programs pro- pro grams which may be bp attacked atta ked as unnecessary r expense will be shown to o have hao a definite relation to the civilian end of the war program Tile The problem of raisins raising the money mon mon- py ey to meet hu huge e new appropriations In n the time face Cace of our present gigantic national debt will b bo be the big lIlg headache headache head head- ache of congress during this session It is not expected that tha t tax meas meas- measures ures will he UP put through before spring prang or summer but when whon they thoy are they will probably Increase lev- lev Continued on last page This This' Week In Washington D. D Ce 0 Continued from page one iea les on every American to several times what we will pay in Income tax tag next March Ten billion Is the tho amount mentioned men men- honed most often as the goal oal of or new taxes Th The e taxes passed in 19 19 1941 oj 1 which tripled most individuals in income income In in- come taxes ta and increased cost on most of or our purchases was aimed d at nt raising a total of I IThe The new goal is almost three times lImes that amount All sug- sug suggested sorts of plans are being su sug suggested for collecting additional bil bil- billions lions Icons from the people but but ar nr this Limo the most likely tax seems to I he lip one one which would be deducted II each week from all aU wages in addition addition ad ad- to taxes It Is quite possible possible 1 that another percentage of wages may ml be deducted as part of a forced Ravings t plan the money to be put I in rn defense bonds If It voluntary purchase purchase pur pur- i chase of defense bonds becomes great enough this may be unnecessary unnecessary sary ar but at present the purchase rate is not satisfactory Commenting on this Secretary of Treasury l stressed the necessity of regular investment in defense bonds every pay day I r am amin rn In in dead earnest said the secretary secretary secre secre- tary taIJ when I say that millions more must take toke part in those payroll savings savings sav sav- Jn ings s plans and must Invest h hundreds hun hun- un- un of millions of dollars donars more moie if ww Pi axe afe to do our our job Our plans at et the ilie treasury for financing the thew w war r are based on a belief that the American people will want to assume assume as as- sume a big share of the cost of the war of their own free will The treasury's goal goat he lle added i is to make every pay day Bond Dond day He said raid that every wage earner earner should put asIde a 3 part part of ot I r rv very every v e ry ry pay cheek check k for hoods bonds and it I must be a sizable amount not not amount not jU just justa ll lla a token contribution War Var ar is never cheap said Mr I l c u but let me remind you u that It Is a million times cheaper cheap er id to win than to lose The Tile cost i of or on our r war effort should frighten frighten ten I t no one ODe but our enemies enemies- I While congress con chief legislative job lob during this session will be in regard d to money the maj major majr r interest Inter inter- Interest est cst of or every congressman WI will 11 be In our military successes and the efficiency efficiency ef or- of oC our production Some of or orthe the reports on unnecessary delasIn delays delas in production in 1941 have stirred congressmen to the thc boiling point but all are making an effort to give criticism of our 1941 job second place to the problems of how we weare weare weare are going to perform a miracle of production in 1942 I I |