Word: budgeted
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Dates: during 1930-1939
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...Woodin's assignment is Cabinet's hardest. In the next eleven months the Treasury will be confronted with refinancing more than half the public debt of $20,907,000,000. In addition there must be new taxes to balance the Budget, new economies to cut the Deficit. Mr. Woodin was not ready last week to talk policies. All he would say: "I've more respect for this job than anything I've ever undertaken. Let me get my feet on the ground. ... I must saw wood and keep quiet. . . . What Secretary of the Treasury...
...common among those who favor this "balance-the-budget" theory to point out that just as businesses and families pare down expenditures to the bone and beyond, so ought governments to adopt a similar course. And the heads of federal, state, and city departments have generally bowed to this show of logic. But this is an outworn and economically unsound argument. The time for the government to retrench and take stock is not in a depression, but in times of prosperity. In a period when there is considerably little money passing about, when individuals and private businesses are postponing their...
Only occasionally did Senator Harrison dip into this flow of testimony. Once he got a vigorous assent from Mr. Duffield when he asked: "If the coming special session got to work, composed its differences, balanced the Budget, passed constructive measures and then adjourned quickly, in two months, would not that have a good effect on the country?" And Pat Harrison jokingly advised Mr. Houston to "get off that subject" when the onetime Secretary of the Treasury began to hector Senator Smoot on the evil effects of the Hawley-Smoot Tariff Act. But for the most part Senator Harrison sat back...
...Belgians. As paterfamilias of the nation, His Majesty rules with the decisive firmness of a good father. Last week he gave Belgian Deputies a fatherly piece of his mind, refused to let them upset the Cabinet of bankerish Count Charles de Broqueville, able grappler with Belgium's budget problems...
Last spring when Congress was levying taxes right & left in its last-minute effort to balance the budget, the man who lobbied most diligently to prevent a tax on symphony orchestra tickets was Lawyer Willis Irving Norton, Republican leader in Minnesota's House of Representatives. Lawyer Norton won his case. Orchestras were spared the tax, stayed classified as educational institutions...