Word: budgeting
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Dates: during 1920-1929
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...imposing total stands at 37 billion 500 million francs. It "balances" with a surplus of 160 million francs. Upon the innumerable issues faced during this budget's creation, five Ministers of Finance have fallen...
...Budget Threatened. With the issue between Laborites and Conservatives so sharply drawn, it was only natural that Chancellor Churchchill's new budget (TIME, May 3) should be mercilessly attacked in the Commons last week. Since Mr. Churchill himself admitted that his budget would continue to balance only if "industrial warfare" could be avoided, the whole Conservative structure of British state finance, which restored and has kept the pound at par for exactly a year, teetered ever so slightly as the minutes ticked...
Bets can of course be made on any subject, but in England the commonest form of betting is associated with the turf. Accordingly, the proposed 5% tax on betting of all sorts included in the new Churchill budget (TIME, May 3) roused the ire of Britons last week, chiefly because it will tend to raise the price of England's most popular pasteboard commodity: a betting ticket on the Derby, Grand National or other "turf classic." Within the House of Commons, notables waxed wrathful at daring, chubby "Winnie" Churchill, Chancellor of His Majesty's Exchequer...
...morning last week, the Chamber of Deputies terminated eight months of wrangling over the French budget for 1926- voted that instrument...
Financial experts deplore the new budget's many inconsistencies and general lack of coherent plan. It represents a political compromise between the Left, which demanded the raising of additional taxes by a "capital levy" (bearing chiefly on the rich); and the Right, which called for the enactment of "indirect taxes" (affecting all classes). As the budget stands, the expenditure estimates of many departments have been scaled so low that it is doubtful if they can actually pull through the year on the sums allowed them...