Word: borrowing
(lookup in dictionary)
(lookup stats)
Dates: during 1940-1949
Sort By: most recent first
(reverse)
...before the President upped his emergency Defense estimates by $1,000,000,000 plus (see p. 77), the expected deficit for fiscal 1941 stood at $3,703,000,000. This prospect in itself was nothing new. But, said Mr. Morgenthau, the U. S. Treasury as of last week could borrow only $1,973,000,000 more without cracking the $45,000,000,000 debt limit. In consequence the Secretary, Muley Doughton and Pat Harrison asked Congress to up the limit to $48,000,000,000, set aside the new taxes specifically to pay off the additional debt. Congress pliantly prepared...
...absence of his regular sprinters Coach Mikkola was forced to borrow men from other events. He converted quarter-miler Ted Meredith into a sprinter. Although Meredith did creditably in the Dartmouth meet, finishing third behind Ritter, winner of the Heptagonal dash his time of 10.2 could not offer any competition for Owen and Rothschild, the Yale dash...
...total war and domestic expenses at $9,334,500,000, Sir John proposed to raise $4,319,000,000 from existing sources of revenue, to get $353,500,000 by additional taxes (including a wholesalers' sales tax whose rate will be set by the House), and to borrow the remaining $4,662,000,000. Many defense items appeared in the new budget in token form and Sir John frankly guessed when he put the "presumed cost of war" in at the round figure of ?2,000,000,000 ($7,000,000,000). As the London Financial News said afterward...
Bitterly Virginia's Clifton Woodrum strove, recalled economy pledges, shouted: "How are you going to pay the bill. Are you going to have a tax bill [the House shuddered], or are you going to raise the debt limit and borrow the money? You know as well as I know that the Congress has no idea of doing either one . . . at this session...
...opened for business in Geneseo, Ill. (pop.3,406). To it went customers who had been waiting for lockers in Emil Klinger's filled main plant. For his $10 deposit each newcomer received two keys - one to the front door and one to the locker - and the right to borrow an overcoat from the rack inside, so he won't catch cold getting his food out of his 0°-10° safe-deposit...