Word: budgeting
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Dates: during 1940-1949
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Governor Tom Dewey, who prides himself on an efficient administration, submitted his new budget for 1948-49. It was the highest in New York history. Inflation, which he blamed on the "serious confusion in national finances," had driven all costs upward. The budget called for appropriations totaling a whopping $799 million, $128 million more than last year...
Despite his caution and record revenues, the prospect for a balanced budget was "precarious." Estimated surplus was a slim $5,000,000. The Governor was firmly against...
Since Tom Dewey is still the front runner in the race for the GOPresidential nomination, his budget was scrutinized by politicos of all parties. In demanding a bigger budget and no tax cut, he had taken a stand opposite to that of Republicans in Congress, who want both a budget and tax cut. With a startling lack of political savvy, New York Democrats pounced on the Dewey budget, calling him a "champion fiscal juggler." Said the New York Times, which never rushes to overpraise Dewey: "A businesslike budget...
...this was like twisting a dagger in an old wound. But George Marshall muffled his feelings and dispatched a curt reply to Styles Bridges: "[A China] proposal has been worked out by the Department and it will be submitted to the National Advisory Council and the Bureau of the Budget within the week. Upon the completion of their examinations, the President will be in a position to submit the program to the Congress...
...Dimitrov's own National Assembly at Sofia, Deputy Kosta Lulchev, spokesman of the isolated little nine-man parliamentary opposition, had dared to criticize the budget as "insincere and unreal." Dimitrov gave them Red blazes: "Miserable chatterers, talking like a foreign gramophone record . . .! You will remember that in this Assembly I many times warned coalition members of Nikola Petkov's group but they did not listen. They lost their heads, and their leader lies buried. Reflect on your own actions, lest you suffer the same fate . . .!" Lulchev and associates reflected furiously. Dimitrov's budget was adopted unanimously...