Word: budgeting
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Dates: during 1940-1949
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...addition to Harry Truman's record peacetime budget of $41.9 billion, there is a shadow budget of at least $11 billion more which Congress will be asked to approve, mostly as authorizations for Fair Deal measures. The eleven extra billion are really only a starter: some of the spending plans call for a small beginning but would commit the Government to huge new annual expenditures...
Against this $40 or $50 billion program stands the 1929 budget: in that prosperous year it took only $3.8 billion to run the U.S. Government. It took $7.3 billion in free-spending...
Chief items on the administration's expense list for fiscal 1950 within the $41.9 billion budget...
...House has passed eleven regular appropriation bills totaling $32.8 billion, has snipped $1.8 billion out of the President's budget. But this does not include some $4 billion more of House-approved contract authorizations ($500 million more than the President requested), which permits obligations to be incurred against appropriations to be made later. The Senate has passed six of the House bills, has already restored $408 million of the House cuts...
Beyond the budget (except for some token down payments) are items to get Harry Truman's welfare-state program under way and also for the full cost of such projects as the St. Lawrence Seaway ($600 million to $1 billion). Items...