Word: budgeting
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Dates: during 1940-1949
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...Commerce estimated the cost of needed machinery and equipment at a staggering one billion pesos ($500,000,000). Most businessmen pinned their hopes for new capital on war damage payments from the U.S. But the U.S. as yet has made no decision on paying them. The Commonwealth, with a budget of 400,000,000 pesos and income of 7,000,000 pesos, has no cash to hand out to anybody...
...important question of what the Government's fiscal policy should be, the committee advocated a compensatory budget for the U.S.-i.e., a federal budget balanced over the business cycle instead of every year. With a calm assurance that will raise the hackles of conservatives, the committee said: "It is generally agreed that an annual balance of the budget is impractical...
Most important advantage is better heredity. A champion bull costs up to $2,000-far more than the average farm can afford. By joining a breeding association, the farmer gets high-production genes at budget prices. A superior bull can serve as many as 1,400 cows a year, and he is much more likely than an ordinary bull to sire good milkers...
...addition, the Columbia professor criticizes the Committee's omitting discussion of problems of administration and budget, and "at times they under-estimate the obstacles or consider certain things impossible, such as organizing the sciences into one introductory course or subjecting every American undergraduate to an encounter with music and the fine arts...
...program with no returns but pres tige (CBS knew that the program would lose the support of educators if sold to a sponsor), School of the Air gets a lot of special handling, and quite a budget ($150,000 a year). Last year 800 actors and musicians and 45 scriptwriters were used on one or another of its 150 pro grams. Its guest performers have included Carl Van Doren, Archibald MacLeish, Orson Welles, Canada Lee, Tallulah Bankhead, Deems Taylor. The Army broadcast it to servicemen over 400 radio stations, and the OWI beamed it to Australia and New Zealand...