CONGRESSIONAL RECORD-HOUSE
Document Type:
Collection:
Document Number (FOIA) /ESDN (CREST):
CIA-RDP75-00149R000300310004-4
Release Decision:
RIPPUB
Original Classification:
K
Document Page Count:
1
Document Creation Date:
November 11, 2016
Document Release Date:
December 21, 1998
Sequence Number:
4
Case Number:
Publication Date:
April 11, 1961
Content Type:
TRANS
File:
Attachment | Size |
---|---|
CIA-RDP75-00149R000300310004-4.pdf | 216.16 KB |
Body:
sanitized - Approved. For Release :.CIA-RD
4GJZF.S.SiONA i. _ 7
Mr, QBSEtZ." aI yield to the gentle-
>a3an from 1iinoi, s
Mr, CAL>y Mr Speaker, ,without
any condoning t '-Unlt,ed!8tatee Steel
price, increase,,.11aui curkous as to Just
how.anyone eats ` besthe figure of $1
billion as It aaip'iilhe Increase in our
annual, natlonal.,flefenae costs. , Presum-
ably we are SOitlg to spend $51.9 billion
on all phases dot t>eit1 pal defense .this
year. Assumtpg ;that we did nothing
more than buy?351''bflUfon worth of raw
st .i, at an.incrCase`o11.6 percent. with-
out any really close figuring. this comes
to about $l.78.billion. How then can we
arrive at a ligureyof $1 billion on a pro-'
jection of an annual increase ln.the Cost
of national defense