Again in 1967, President Johnson urged postponement of scheduled reductions in telephone excise taxes as part of his tax program designed to meet the rising cost of the war and increasing domestic needs. A joint Congressional resolution was approved which temporarily extended the 10 percent rate from March 31, 1968, until April 30, 1968. This temporary extension provided Congress time to complete action on the Revenue and Expenditure Control Act of 1968.82 Statutes at Large 265. [Public Law 90-364.] The 1968 Act continued the 10 percent tax retroactively from April 30, 1968, until December 31, 1969, with provision for its subsequent reduction and repeal by calendar year 1973.
