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Y O U R SUPPORT of Congres­sional action to C U T federal BIG-SPENDING now— and get a BALANCED FEDERAL BUDGET this year— • would compel a D O W N W A R D trend in federal S P E N D IN G ! • would contribute to earlier DEMO­B IL IZ A T IO N of W A R AG E N C IE S and W A R T IM E functions of civil agencies! • would hasten steps to REDUCE the waste, duplication and unneces­sary operations of federal govern­ment— to R E B U IL D the federal structure for peace! • would bring more C A R E F U L Con­gressional S C R U T IN Y of spending proposals which seek to E X P A N D the federal structure! • would, by reducing governmental demands for men and materials, E A S E C IV IL IA N SHORTAGES of goods and manpower! • would lead to R E D U CTIO N of the back-breaking F E D E R A L DEBT— with its annual $5 billion interest charges! • would open the door for REDUC­T IO N of the burden of high-level federal T A X A T IO N ! • would operate to reduce the D A N ­GER of runaway IN F L A T IO N ! • would operate to R E T U R N to state and local governments their proper Constitutional responsibilities! A Strong Nation Pays Its Blllsl H is t o r y pr o ve s that financing public spending by creating debt weakens the moral fiber of the people. They lose the courage to pay-as-we-go. When you insist on balanced budget operation of our federal government, you are supporting a return to the courageous and necessary policy on which a demo­cratic America can be maintained. The figures elsewhere in this folder show where challengeable spending pro­posals may be cut to get a balanced fed­eral budget this year. Two Proposals Congress has received two recommen­dations which will make a federal policy of balanced budgets easier to maintain. Senator Tydings (M d.) has submitted S. J. Res. 8, which proposes a “ pay-as-we- go” Constitutional amendment. By its terms, Congress would be restricted from appropriating funds during any fiscal year in excess of estimated reve­nues fo r such year— except by a three-fifths vote of each branch of Congress. The La Follette-Monroney Committee on the Organization o f Congress has pro­posed that Congress precede appropria­tion action each year with a recommenda­tion for over-all appropriation and reve­nue figures. This would be done by the joint action of the revenue and appro­priations committees o f both Houses. I f spending exceeded income, the Congress could then vote either to cut spending or create debt. Adoption of either proposal would give the Congress control o f debt creation and opportunity for continued balanced bud­get operation which it does not now have. Both proposals deserve aggressive citizen support. to support CUTS in FEDERAL S P E N D I N G . . . to got o BALANCED FEDERAL B U D G E T . . . This Year! NEVADA TAXPAYERS ASSOCIATION P. O . Box 529 Reno, Nevada