Ford UFO Files

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5th DISTRICT RADIO TAPE - APRIL 20, 1966.
At the moment, there are 293 Democrats in the House compared with 140 Republicans.
That is a two-to-one Democratic majority with several votes to spare. In the Senate,
there are 68 Democrats and 32 Republicans. Again a two-to-one Democratic majority
with votes to spare.
This overwhelming voting edge gives the Democrats in this Congress absolute
power over all legislation. It gives them a blank check where spending is concerned.
It makes them responsible for the Federal deficits which contribute to the inflation
we're so concerned about.
Here is the record on non-defense spending: On six key measures to come before
the House so far this year, an average of 82 per cent of the Democrats have voted
for higher spending. This inevitably means higher taxes and higher prices.
On the same six roll calls, an aveeage of 93 per cent of my Republican colleagues
stood for economy in government. They did this because they hoped to curb big
spending and the resulting inflation to follow. They did this because they hope
to avoid an increase in your income taxes.
Here are the facts on the Johnson-Humphrey Administration's inflation:
1. The overall cost of living went up more than 2 per cent last year, the
biggest increase in seven years. Many economists predict it will go up by 3 to 4
per cent this year; some are estimating even more.
2. Big spending by the Democrats is primarily responsible for inflation. The
federal budget has not been balanced since 1960, when Ike was in the White House.
Since then, Democratic administrations have produced deficits totalling $34 billion.
There will be another big deficit in fiscal 1967.
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