President Dwight Eisenhower speaking to reporters about taxes at press conference in Washington, DC

President Eisenhower addresses a press conference focusing on a proposed $20 per person tax cut. He expresses concerns about fiscal irresponsibility, as the government is spending more than it earns. Despite the popular appeal of the tax cut, Eisenhower highlights the potential $2.3 billion reduction in income and emphasizes the need for fiscal balance. He assures that tax cuts are a priority for all political parties and will be pursued when feasible, without requiring a perfectly balanced budget.

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