Word: budgets
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Dates: during 1930-1939
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...joint commission with the executive branch of the Government to devise a "complete national program of economy." His principal point was that laws now obligating the Government to fixed expenditures had to be amended or repealed to reduce Federal functions, effect savings and balance the Budget. His statement that the House had so far made "positive savings" of only $35,000.000 roiled Democrats in that body. Democratic Senators pooh-poohed the Hoover proposal as "just another commission" to postpone definite action. ¶ To Packard Motor Car Co. President Hoover presented the Collier Trophy for its development of a Diesel airplane...
...high and hazy jumble. Then it bundled all its handiwork up into one conglomerate bill, which it passed by vote of 327-to-64 and sent to the Senate with the hope that it would raise in new revenue the billion-odd dollars necessary to balance the 1933 budget...
...aloof the week before when a "soak-the-rich" coalition knocked out the Sales Tax and left the house groggy and disorganized. The Press howled its disapproval. Securities declined. Government bonds dropped. Was the House, after all. going to shirk the duty of increasing taxation sufficiently to balance the Budget? It appeared possible until Speaker Garner in his old grey suit went down into the well and began to address the House...
...plea was a simple homespun one? the Budget must be balanced: no matter what kind of taxes had to be imposed. As for the Sales Tax, he was opposed to that but he would levy it "or any other kind" to balance the Budget. His face grew red and his voice sharp as he told his colleagues that it was their ''paramount duty" to supply revenue to maintain the Government's financial integrity. If the Budget was not balanced, he warned, foreigners would withdraw their deposits from the U. S., the dollar would be driven off the gold standard, every...
...dramatic touch suggestive of religious revivals in the deep country, Speaker Garner called on all those "willing to go along to try to balance the Budget" to rise. To their feet came all but a dozen sulky members. When he called for "those who do not want to balance the Budget," not a man got up. "I think," declared Speaker Garner triumphantly, "that ought to restore to the American people confidence in our country. ... I think more of my country than I do of any theory of taxation and the country is in a condition where the worst taxes...