Word: deficits
(lookup in dictionary)
(lookup stats)
Dates: during 1930-1939
Sort By: most recent first
(reverse)
Last year at this time the Yale A. A. deficit was $650,000. Last fall's profitable football season has helped Mr. Michael Farmer reduce this sum to $525,000. The figures must be approximate since Mr. Farmer prefers to issue no financial statement...
...November election. When he delivered his budget message only six weeks ago, it breathed assurance that his financial policies would be sound political ground on which to stand for reelection. He said: "Our policy is succeeding. The figures prove it." The figures he produced indicated a net deficit for fiscal 1937 of only $518,000,000, exclusive of work-relief expenditures. They promised rising revenues, falling expenditures, dwindling deficits. While his budget message was being read, the Supreme Court handed down its AAA decision depriving the Government of $547,000,000 annually in processing taxes. Within three weeks Congress authorized...
...straits of Election Year, between the Rock of Taxes and the Whirlpool of Deficit, he realized last week that it would require serious effort on his part to find a safe political passage. Secretary Morgenthau conferred with him nearly every day. Budget Director Bell, Secretaries Wallace and Ickes, Assistant WPAdministrator Williams, RFChairman Jones, Rexford G. Tugwell, Chester Davis, Housing Administrator McDonald came & went. It would be safer to steer a little toward the Rock of Taxes, for the Congressional current would suck him back anyway to the Whirlpool. Hence he confirmed the fact that he would ask about half...
...municipal auditorium and never gasped for money. Last autumn the San Francisco Opera peaked its artistic career by presenting Wagner's Ring of the Nibelungen at a cost of some $80,000 (TIME, Nov. 4). Last week President Wallace M. Alexander of the Opera Association announced a deficit of $45,000, recommended a begging campaign for $50,000 to insure another season...
...something else." No move did he make to call Secretary Morgenthau for suggestions. Best reason for the President's not taking Congress into his confidence was that everybody was occupied with "something else": Nov. 3, 1936. Unless new taxes are imposed, fiscal 1937 is likely to show a deficit of upwards of $5,000,000.000, largest in any year of Depression or Recovery -a very poor election argument for the New Deal. Since processing taxes re-enacted under the name of excises can be called substitutes rather than new taxes, they will not prevent the President from keeping...