Word: costs
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Dates: during 1930-1939
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Expenditures- "The normal growth of the country naturally reflects itself in increased costs of government. . . . The cost of new functions and duties can be substantially reduced only by curtailing the function or the duty." So wrote the President last week. Before Depression the War and Navy Departments together spent in a typical year about $700,000,000. The 1938 budget provided $981,000,000 for national defense...
...about 60% if one adds to the 1938 estimate $35,000,000 to be spent by the War Department for non-military purposes and $105,000,000 for rivers and harbors; both formerly were included as part of the War Department's expenditures. Another item of increased cost is interest on the public debt. From about $700,000,000 before Depression this has risen in the 1938 budget to $860,000,000, an increase of 23%. Now, however, interest rates are abnormally low. Since by 1938 the public debt will have increased over 100%, the interest on the debt...
These figures however do not show the real cost of running the Government on a post-Recovery basis because they include large Relief expenditures. Eliminating Relief costs, charging the Government with only the net cost of Social Security (see below) and allowing for no debt retirement, the expenses of the Government for fiscal 1938 come to about...
Thus under the New Deal "growth of the country" and "new functions" have added about 57% to the ordinary cost of government...
...present the H.A.A. has to pay for the overhead, fixed costs and upkeep of all its athletic buildings and playgrounds regardless of how often they are used or of the number of people using them. Thus it would not cost much more to encourage a greater number of students to participate in these sports than it is costing already. The added revenue from the levy would take care of the financial difficulties...