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Treasury Surplus Declines
The midyear review of the 1958 budget shows federal spending near 72 billion dollars, with receipts about 73?7 billion. The operating surplus drops slightly to 132 billion, while military outlays stay around 38 billion. Major increases include postal deficits, interest on the debt, farm price supports, and strategic purchases.
MENTIONED IN THIS ARTICLE
Washington
Forcival F. Brundage
Secretary of the Treasury
Anderson
Anderson Ad Brundage
Brundage
Congress
Budget Bureau