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Government costs soar to ten billion in 1924 report
A National Industrial Board study places total 1924 government expenditures at 10 252 000 000, federal cuts offset by state local rises, taxes at 7 907 000 000. The report flags bond financing growth and contrasts tax receipts with outlays across levels. It notes a 1.1 percent rise from 1923 and explains the gap between taxes and spending.
MENTIONED IN THIS ARTICLE
United States
National Industrial Board
Park Avenue
New York
Conference Board