Word: budgets
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Dates: during 1930-1939
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...under the Budget & Accounting Act of 1921 was the office of the Comptroller General, with twofold duty of okaying Government expenditures before they are made and auditing them afterwards.* First recipient of this 15-year appointment was crusty Republican John R. McCarl, whose term did not end until 1936. So crusty was "General" McCarl that long before the New Deal spenders became his greatest antagonists, he was famed as "The Watchdog of the Treasury." Since 1933, Franklin Roosevelt has twice tried, twice failed to draw the Comptroller General's teeth through Reorganization...
...great majority of people appear to believe*. . . that business confidence would be restored if the Budget were balanced and that the spurt of economic activity that would result would accomplish our common aim of recovery...
...balancing the Budget will bring about recovery, then Congress can instantly do so by reducing expenditures to the level of receipts. . . . Such items as work-relief projects, CCC camps, roads and public works of all kinds, veterans' benefits, all farm benefit payments and national defense, some or all of these would have to be drastically curtailed...
Meanwhile a committee of the House, where eight consecutive appropriation bills had been cut symbolically but not substantially below Budget figures, voted to undo all that economy with a farm bill to provide parity payments $244,098,376 above Budget figures. A $400,000,000 log-rolling bee between farm Congressmen and WPAdvocates hove into view. And the World War Veterans' Legislation Committee prepared to add heavily to the Government's overhead, to ask regular pensions of $40 a month for 65-year-old World Warriors-a cost of $31,000,000 a year to start with...
...Maritime, Tariff Commissions, Army Engineers Corps, Coast Guard, NLRB, Board of Tax Appeals, Federal Reserve Board, FDIC, Veterans' Administration. Most important: the Comptroller General's office, whose functions of o.k.-ing expenditures beforehand and auditing them afterward the President last year sought to divide between, respectively, the Budget Director and a new Auditor General.) The bill also forbade the President to do away with any function of the agencies he might alter or merge. And it gave Congress power by majority vote to invalidate within 60 days (of a session) any change made by the President...