Word: budgets
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Dates: during 1930-1939
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...Threat of a party split in House and Senate makes the issue one of the most important facing Congress with New Deal forces concentrating on the continuation of the relief program while a militant Republican minority allied with the Anti New Deal Democrats demands a reduced budget regardless is its effect on the delicately balanced relief structure...
...opposition maintains that the President's requested appropriation is greater than the relief need caused by the recent European crisis and the New England hurricane. To refute this argument, Representative Cannon of Missouri made eloquent use of statistics: "The appropriation of $875,00,000 recommended by the Budget will keep 3,081,000 men at work," he said. "The appropriation of $725,000,000 recommended by the committee will employ only 1,930,000. In other words, the committee proposes to throw out of employment, in the dead of winter, 1,151,300 men... It is not necessary to draw...
...businessmen know: "that a minimum volume is necessary to break even on fixed expenses." That, he said, was "the significance of the President's quota of an $80,000,000,000 national income. It is in no sense an argument for a permanent unbalancing of the Federal budget...
When the House last week pounced on the Independent Offices bill, carrying $1,668,290,340 as recommended by the Budget Bureau, and from it ripped $21,-797,000 (i%), including $17,392,977 for TVA extension works, the House's lust for economy seemed proved beyond doubt. Only increase voted over Budget proposals was $2,500,000 for FHA's payroll this fiscal year. A significant reduction: salaries of Civil Aeronautics Authority members down to $10,000 from...
...Chief reduction: $3,000,000 instead of $5,000,000 for New England hurricane relief. † Permanently Unbalanced Budget. **The national debt at last week...