For the Record

Rising defense costs could wipe out the Treasury surplus this year, put the government in the red and stave off any immediate tax cuts, top budget officials believe. They figure the defense bill may reach $38 billion in the year ending June 30 instead of the officially estimated $36 billion . . .Per Jacobsen, managing director of the International Monetary Fund, says cuts in U.S, government expenditures are vital for a more stable world economy. The Swedish economist said it would be “unfortunate” if the U.S. foreign aid program stood in the way of tax cuts.

The Supreme Court has refused to reconsider its earlier decision upholding an indictment accusing the UAW of violating federal law when it paid for a political broadcast in Detroit in 1954…. The high court also denied a hearing to Adrian Scott, one of the “Hollywood Ten,” who had been refused damages against RKO Radio Pictures by a lower court.

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Rising defense costs could wipe out the Treasury surplus this year, put the government in the red and stave off any immediate tax cuts, top budget officials believe. They figure the defense bill may reach $38 billion in the year ending June 30 instead of the officially estimated $36 billion . . .Per Jacobsen, managing director of the International Monetary Fund, says cuts in U.S, government expenditures are vital for a more stable world economy. The Swedish economist said it would be “unfortunate” if the U.S. foreign aid program stood in the way of tax cuts.

The Supreme Court has refused to reconsider its earlier decision upholding an indictment accusing the UAW of violating federal law when it paid for a political broadcast in Detroit in 1954…. The high court also denied a hearing to Adrian Scott, one of the “Hollywood Ten,” who had been refused damages against RKO Radio Pictures by a lower court.