Word: budgeteer
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Dates: during 1930-1939
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...joints. They could see that the President's example was not so strong as his precept. Although urging them to economize and promising "to use every means at my command to eliminate this deficit during the coming fiscal year," he did not reduce his own net aggregate of Budget requests. The expected $418,000,000 deficit of fiscal 1938 was accounted for by a reduction of $387,000,000 in revenues and an increase of $31,000,000 in expenditures over those he calculated in January. Nor did he recommend any new taxes to help balance the Budget...
...prospect of economy rested chiefly on Franklin Roosevelt's intention of keeping Congressmen from voting funds for new schemes, on the unanimous feeling of such legislative leaders as Vice President Garner, Senators Byrnes and Harrison, Representatives Doughton, Rayburn and Speaker Bankhead, that the Budget must be balanced and new taxes not imposed. But the prospect of economy was not for any material reduction in expenses. It was for holding expenses at about present levels...
Most anxiously awaited day in Britain's Parliamentary year is the one on which the Chancellor of the Exchequer "opens" his Budget in the House of Commons, because ever since 1917 Britons, great and small, though ruled for the most part by Conservatives, have paid out staggering income taxes. Outstanding British taxpayers like Lord Leverhulme (soap), Lord Wakefield (oil), Joseph Rank (flour & shipping) and Lord Nuffield (motors) are relieved of as much as 66% of their incomes by the Government, and it was these who faced the 1937 Budget with most fear and trembling...
Last week on Budget Day even those indolent M.P.s who rarely put in an appearance rolled up in full force, jam-packed the House so thickly that Laborite M.P. Richard Gibson had to take refuge in one of the galleries with a host of peers, foreign diplomats and other bigwigs, including the famed economist Sir Josiah Stamp and Bank of England's eccentric Governor Montagu Norman. So staggering was the Budget speech which all were keyed up to hear that Montagu Norman was reported next day to have "looked bewildered as if he could not follow or believe what...
From long practice Mr. Chamberlain knows, the advantage of cracking an early jest to distract his victims from the impending thumbscrew of his Budget revelations. Last year he said: "Perhaps I may liken this budget to the uncertain glories of an April Day." This year if he had drawn on the calendar for his opening banter he would have had to choose the month of November, so he changed his tack, orated: "It has been suggested that I tax bachelors, bicycles, cats, dogs, debutantes, fiction, loudspeakers and other things. . . . None of these things...