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Parliament Approves Eshkol’s National Budget in First Reading

March 4, 1966
See Original Daily Bulletin From This Date

Premier Levi Eshkol’s new much-detated $1,500,000,000, 1966-67 national budget received its first reading yesterday in Parliament, Some members of the coalition parties criticized the budget for its income tax increases. Both the Independent Liberals and the National Religious Party urged reexamination of the increases.

Despite these expressed doubts, the budget was approved by a vote of 43 to 23 which reflected undiluted coalition support and equally complete negative votes by the opposition.

Meanwhile the Jewish Agency announced today a new project under which living space for residents of settlements in the Jerusalem Corridor will be greatly enlarged. The areas of the housing units will be increased by more than 50 percent. The plan is being financed by the Keren Hayesod, with the families themselves contributing 25 percent of the cost. Those families comprising more than nine persons will not have to pay anything. The project which had been postponed for a number of years, was made possible this year because of the decline in immigration.

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