Word: budgeted
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
...night conference at the White House President Hoover summoned three Republican Senators and one Republican Representative now engaged in trying to devise a compromise economy bill. He told them the budget was still unbalanced by about $200,000,000. He insisted Congress stay in session until its fiscal job was done. Dolefully remarked Indiana's Representative Wood: "I think we'll be celebrating our Fourth of July right here in Washington...
...bill enacted fortnight ago failed to balance the Budget even roughly, by about $350,000,000. To fill up this gap Congress was expected to effect special economies of about $250,000,000 and reduce appropriations by $100,000,000. Last month the House of Representatives was presented with a $263,000,000 economy bill. When the House finished with it, the measure represented an estimated saving of somewhere around $40,000,000. Last week when its turn came to save in a big way, the Senate also faltered, lost its nerve...
...Senators next turned their attention to a stack of appropriation bills from which some $200,000,000 had to be shaved if the Budget was to be leveled up. First shaving: $3,000,000 off a $389,000,000 War Department supply bill...
...Balanced Budget...
Motivation of the change was the prospect of a balanced Federal Budget. New York banks, previously aloof from the bondmarket because of fears regarding Congress (TIME, June 6), made good their promise that a balanced Budget would send resources sweeping into the investment market. Suddenly formed and announced was an American Securities In- vesting Corp. into the coffers of which 20 Manhattan banks poured...