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Cedar Rapids Gazette in Cedar Rapids, Iowa

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Newspaper

Cedar Rapids Gazette

Location

Cedar Rapids, Iowa, United States of America

Date

Jan 07, 1936

Page

3

Budget promises balance with work relief kept in view

The 1937 budget project shows a regular program needing 5.069 billion dollars to fund interest public works and CCC operations while receipts are forecast at 5.654 billion, leaving a 585 million surplus after debt retirement. Relief funding remains unpriced but expected to be lower than this year.

Civilian Conservation Corps

Recommendations for appropriation transfer provisions

The text notes that estimates of appropriations include transfer provisions within the same department. This provides administrative flexibility and supports economical program execution, with congressional approval recommended.

Repeal of Agr Adjust Act Amendment Opposed

The document critiques an amendment to the Agricultural Adjustment Act that would earmark 30 percent of customs receipts for the secretary of agriculture. It argues the direct appropriation limits presidential and congressional budgeting reviews, breaches fiscal laws, and bypasses coordinated income and expense planning. It urges bringing all agencies under the budget director and reviews fiscal year 1935 receipts and 1936 37 projections.

Secretary of Agriculture Congress

Roosevelt Budget Forecast for 1937 Shows Big Shifts

The 1937 budget outlines a substantial decrease in the deficit gap with receipts rising to an estimated 4.56 billion dollars and a gross deficit around 3.23 billion. It projects new taxes under the social security, coal conservation, and carrier taxes, plus a 405 million federal works program and continued civilian conservation and agricultural programs. The report notes debt retirement and interest costs, with total expenditures near 6.75 billion and a projected gross public debt around 31.35 billion by June 30, 1937.

Congress Treasury Civilian Conservation Corps Seventy-fourth Congress Secretary of Agriculture Agricultural Adjustment Administration United States Navy Army War Department Social Security Amet Social Security Board Bureau of Internal Revenue Franklin D. Roosevelt

Also Mentioned on This Page

Roosevelt Bond Part AAA Budget Bureau Bureau of the Budget Commodity Credit Corporation Electric Home and Farm Authority Export-Import Banks Farm Credit Administration Federal Co-Ordinator of Transportation Federal Deposit Insurance Corporation Federal Emergency Administration of Public Works Federal Emergency Relief Administration Federal Farm Mortgage Corporation Federal Home Loan Bank Board Federal Housing Administration Federal Savings and Loan System Federal Savings and Loan Insurance Corporation Federal Surplus Relief Corporation Home Owners Loan Corporation National Recovery Administration Reconstruction Finance Corporation Tennessee Valley Authority George Clark Defense Department of Agriculture U. S General Publican Aes Aono Agg S.S.S
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