CONGRESSIONAL RECORD-HOUSE

• Document Type: CREST
• Collection: General CIA Records
• 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
• Publication Date: April 11, 1961
• Content Type: TRANS

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