Word: budgeting
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Talk to any cabinet officer nowadays, the ones at the head of regular departments, and they make wry faces about how hard it is to get the budget bureau to realize that it takes money to carry on the routine operations of the government. Then look at some of the emergency commissions, corporations and administrations, and they are spending billions and billions of dollars...
...difference is of course that Lew Douglas, director of the budget, feels a particular responsibility to keep down the normal budget of operating expenses and knows these regular items must carry on in the next decade even if the economic depression is over. As for the emergency institutions, they will be suddenly terminated whenever conditions make it possible to do so. A comparison then will be on the basis of the regular and not the emergency expenses...
...budget bureau has its agents in virtually every department of the government. The estimates for the next fiscal year, beginning July 1, 1934, are now being made up. They will have to be ready very soon for presidential approval. Before this step is taken the budget bureau's representatives must agree with the departmental officers on the approximate amounts to be spent...
...normal budget in certainly getting drastic treatment. As for the emergency budget, this involves a mandate from Congress to do specific things to aid the national emergency. Here the government officials themselves differ as to the wisdom of the many millions being spent but they have no discretion. The President has taken the position that he must carry out the wishes of Congress. Public opinion, however, may at any time become aroused as to the vast expenditures and demand their diminution. There are no signs of it yet, for there is scarcely a state or section which isn't after...
...that whether or not Mayor O'Brien's taxes were imposed, security dealers would be far better off in New Jersey than in New York State, 1) They would avoid New York State's transfer taxes which contributed $31,000,000 to Governor Lehman's budget even in the last lean year. 2) All security dealers who lived in New Jersey and all those who chose to move there would avoid the New York State income tax (New Jersey has none). When these facts were generally realized last week things moved swiftly...