Word: million
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Dates: during 1930-1939
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...Something over 125 acts have been passed by either the Senate or the House or favorably reported by different committees, which would authorize an additional expenditure of 300 or 350 million dollars next year...
When President Hoover sent his budget message to Congress last December, he made everybody at the Capitol feel snugly comfortable with the declaration: "Our finances are in sound condition." He envisaged a surplus of 225 millions for this fiscal year (ending June 30, 1930) and 122 millions for that of 1931 (ending June 30, 1931). Two months later, when Congress was in full swing considering new legislation for new expenditures, President Hoover grew alarmed, warned Congress and the country to slow down on spending (TIME, March 10). Last month when March income tax payments showed a shrinkage, the President again...
Psychologically President Hoover took the edge off his economy warning in February by having immediately thereafter to request an extra 100 million for the Federal Farm Board. Likewise last week he appeared to blunt his "real alarm" over a 1931 deficit by asking Congress on the same day for 28 million dollars more- just the size of the deficit-for new public buildings...
...Representative Johnson to liberalize government aid and compensation to veterans. Its prime provision was that a veteran taken ill before Jan. 1, 1925, should be presumed to have contracted his disability as a result of the War and should thus be entitled to compensation. Not satisfied with this 90 million dollar per year liberality by the U. S., Mississippi's Congressman Rankin proposed that the presumption date be advanced to Jan. 1, 1930, whipped the House into a lather of sentimental excitement about War veterans, got his proposal adopted by a vote of 324-49 after Mr. Johnson, outraged...
...million-dollar-a-year class the Briton (married or single) pays more than half he earns in income tax alone, while the U. S. citizen (married or single), who makes $1,000,000 a year is allowed to keep more than two-thirds of it. In both countries deductions for wife and children amount to only the merest trifle on an income of $50,000 or more. The million-a-year bachelor, in either country, is as well off from the tax standpoint as the million-a-year father with a big family of children...