Word: budgeting
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Dates: during 1940-1949
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President Truman made crystal clear last week his devotion to a budget policy which might not please practical politicians, but would be applauded by practical fiscal experts. His dicta: no tax reductions for two years; strict economy in Government spending...
...delivered it in a message sent to all department heads by Acting Budget Director Paul Appleby: "For fiscal 1948 [begins July 1, 1947] we must plan not only for a balanced budget but for a ... reduction of the [$268,000,000,000] national debt. . . .We are on the eve of a period of high prosperity and substantially full employment. In these conditions, sizable debt reduction is nothing short of obligatory...
...first budget was $51,560; this year's School Board appropriation for Opportunity School...
Peanuts & Meteors. The total annual research budget for all U.S. universities before the war was some $30 million-peanuts compared to the $135-175 million the military are now prepared to spend. Both the Army & Navy, spurred by the results derived from the work of such theorists as Albert Einstein, Ernest Rutherford et al., are thoroughly sold on fundamental science. They are building cyclotrons and betatrons, signing up astronomers, chemists, physiologists, botanists, branching out into such unmilitary studies as meteors, the rare earths and plant cells...
Smoky (20th Century-Fox) is the story of a long, beautiful, rather intense friendship between Fred MacMurray and a horse. An expert Technicolor treatment of Will James's famed (32 editions), 20-year-old novel, the picture is a big-budget Western designed to delight small boys of all ages...