Word: deficits
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Dates: during 1920-1929
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...receipts against Government expenditures, which was made to balance. The other was an extraordinary budget including expenditures for reconstruction of the devastated regions and receipts of German reparations. The expenditures for reconstruction always came up to the budget. The receipts from reparations never did. The result was a constant deficit, although the budget apparently balanced. Finally the extraordinary budget was abolished, but it had sunk France so deep in the quagmire of finance that a call had to be made on Wizard Caillauxtion always came up to the budget. The receipts from reparations never did. The result was a consistant...
...aiming to revise them. Postmaster General New has been trying to advise the Committee. A few weeks ago, on the basis of May revenue, which was only .0091% greater than it would have been under the old rates, he "guessed" that the Post Office would have a deficit of $40,000,000 this year (TIME, July 20). Last week figures were gathered on June revenue-it was 20.0125% greater than it would have been under the old rates...
Jeremiah Smith Jr., of Boston, League of Nations Commissioner General in Hungary, in a recent report to Geneva said that Hungary will, according to estimates, have a budgetary surplus of $5,500,000 on June 30, 1926, instead of an estimated deficit of $10,000, 000. (This year's budget showed a surplus-not yet determined-instead of an expected deficit...
...told them plainly that he did not know how the new rates would work out. They have not done well so far. He hopes they will do better. On the basis of recent figures, he guessed there would be a deficit of $40,000,000 in receipts (TIME, July 20, THE CABINET...
...merestly guesses" that next June 30 will show a deficit of $40,000,000. If so, it means that the Treasury's estimated surplus of $290,000,000 next June must be reduced to $250,000,000. It means, also, that there will be more squabbles and more tinkering with postal rates and that, if any change is made, the rates will probably be revised upward...