Treasury report calls for billion per month spending in 1934
The treasury's annual report to Congress forecasts government spending at more than a billion dollars monthly for the first half of 1934. It projects an emergency recovery cost of 6.257 billion in the year ending June 30, a general expense of 3.3369 billion, totaling 9.291 billion with an operating deficit near 8.631 billion. It also predicts a year end public debt of about 28.879 billion, notes prior highs, and discusses RFC outlays, tax receipts, and potential revenue shifts amid wartime and postwar policy.
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Washington, D. C
Treasury
Congress
Roosevelt
Reconstruction Corporation
The
Public Works Administration
Civil Works Administration and Conservation Program
First Hall
SON. Nor
Bunlun
RFC
Secretary of Agriculture
National Industrial Recovery Act
Internal Revenue
Nicvus
Uais
Puille
Miter
Vtiou
Bern
Home Owners’ Loan Corporation
Federal Land Banks
Tennessee Valley Authority
United States
Shell
Zul
Texas Project Is Given More Money
Washington dispatch reports funds from the public works administration under the national recovery act reduced the need for a separate appropriation for the reclamation bureau in 1934. Maintenance costs declined for most projects, while the 1935 operation and maintenance estimate for the Rio Grande project in New Mexico and Texas rises to 307000 dollars from 205000 in 1934.
MENTIONED IN THIS ARTICLE
Texas
Wasrington
D. C
Public Works Administration
Reclamation Bureau
Rio Grande
New Mexico
Secret Service Pay Hike Asked by Roosevelt Budget
President Roosevelt proposed a 1935 budget requiring 695,300 for the Secret Service. The amount rises 33,461 over 1934 authorized expenditures to restore economy pay cuts for agents guarding the President and counterfeiting efforts.
MENTIONED IN THIS ARTICLE
Wasking Ton
Gan
Mace
Secret Service
Roosevelt
Message Ignores Federal Road Aid
In President Roosevelt's budget for the 1935 fiscal year the bureau of public roads received recommendations that contained no provision for federal aid to States in highway work. Other requests would meet allocations previously authorized.
MENTIONED IN THIS ARTICLE
Washington, DB
Roovevell
Bureau of Public Roads
Congress
Cathle
Roosevelt Eyes Coast Guard Budget Separate Request
President Roosevelt weighs a merger of the coast guard with the Navy while submitting a separate cost estimate of 18,528,132 dollars for the service in the annual budget to Congress. The figure 528,142 appears as a related budget line item in today’s budget documents.
MENTIONED IN THIS ARTICLE
Coast Guard
Washington
Roosevelt
Navy
P D R Silence on Money Irks London
London voices express disappointment over lack of fresh money policy details from President Roosevelt ahead of congressional debate. Officials and analysts in London warn that absent policy signals may unsettle markets and strain transatlantic finance relations.
MENTIONED IN THIS ARTICLE
P.D.R
London
Lonnon
Monttary Palley
Rooreynius Boreere
Congress
FDR Seeks 4 Percent Rise in Industrial Output by July 1935
President Roosevelt projects national recovery and anticipates a 4 percent increase in industrial production from now to July 1, 1935. The budget message lays out receipts forecasts for the next 18 months and compares current and past fiscal years with 98 as the target industrial index.
MENTIONED IN THIS ARTICLE
Washington, D.C
J An.d
Roosevelt
Federal Reserve Board
National Parks Budget Slashed in 1933 proposal
Washington plans show 6,373,640 for the office of national Parks buildings and reservations for 1933, compared with 3,944,976 allotted for 1934. Maintenance costs for national military monuments are estimated at 33,770 for 1935, with 36,223 appropriated in 1934 to the War Department which held jurisdiction until August 1994.
MENTIONED IN THIS ARTICLE
Washington, D. C
Office of National Parks
War Department
Agriculture Dept Budget Swelled
WASHINGTON January 4. The Agriculture Department budget rose by 513 836 442 in expenditures for 1945, with the principal increase allotted to the Agricultural Adjustment Administration. The agency will fund farm relief via rental and benefit payments, crop loans, and surplus purchases on commodity markets as part of Roosevelt's fiscal plan to Congress.
MENTIONED IN THIS ARTICLE
Washington
B.C
Agriculture Department
Roosevelt
Congress
Agricultural Adjustment Administration
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