Word: outgoing
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Dates: during 1930-1939
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...Outgo. In fiscal 1940 the Government hopes to spend nearly half a billion less than this year-$8,995,000,000. With the world becoming unsafe for democracy again, biggest increase will be in national defense, and a real beanstalk in Franklin's garden is now interest on the national debt, which in 1940 will...
Last January, President Roosevelt sent Congress his budget estimate for fiscal 1939. Last week, with Lending & Spending bringing the Government's daily outgo to $25,000,000, he published it again-revised. The revised version resembled the original as most movies resemble the novels from which they are adapted. Prime facts...
...budget, the forecast for receipts was $5,919,000,000, for expenditures $6,869,000,000. Result: a 1939 net deficit of $950,000,000. On the outgo side the President tentatively set down Defense at just under a billion, Relief at just over a billion, then added: "Due to world conditions over which this Nation has no control, I may find it necessary to request additional appropriations for national defense. Furthermore, the economic situation may not improve-and if it does not, I expect the approval of Congress and the public for additional appropriations if they become necessary...
...Outgo. Total expenditures for fiscal 1938 are now estimated at $7,345,000.000, an increase of $89,000,000 over the original budget figure but $656,000,000 below fiscal 1937. Most conspicuous feature of the President's outgo schedule was that, although spending for Recovery & Relief has been slashed $1,139,000,000 from the previous fiscal year, other government spending continued to mount by nearly $500,000,000. As the President pointedly observed, a good part of this could be blamed on Congress...
...income tax law changes every hour on the hour . . . might more accurately be called an outgo...