On the recordJuly 17, 1947
Not only does this bill represent an unsound fiscal policy, but it would also contribute to inflationary pressures which we have made progress in combatting but have by no means overcome.
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presidency.ucsb.eduHarry Truman: “Not only does this bill represent an unsound fiscal policy, but it would also contribute to inflationary pressures which…”
Editor's note · Context
Veto of Second Bill To Reduce Income Taxes.
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