The President's News Conference
07/27/1949
https://www.presidency.ucsb.edu...
Paragraph (e) of the bill is objectionable because, in addition to authorizing the payment of educational expenses of dependents of Federal ...
WHEREAS it is deemed desirable and in the public interest that the said limitation of the $500 be raised to $1,000:
Paragraph (h) of the bill is also objectionable.
The Federal Savings and Loan Insurance Corporation has one hundred million dollars of government-furnished money.