Word: budgeting
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...joint commission with the executive branch of the Government to devise a "complete national program of economy." His principal point was that laws now obligating the Government to fixed expenditures had to be amended or repealed to reduce Federal functions, effect savings and balance the Budget. His statement that the House had so far made "positive savings" of only $35,000.000 roiled Democrats in that body. Democratic Senators pooh-poohed the Hoover proposal as "just another commission" to postpone definite action. ¶ To Packard Motor Car Co. President Hoover presented the Collier Trophy for its development of a Diesel airplane...
...high and hazy jumble. Then it bundled all its handiwork up into one conglomerate bill, which it passed by vote of 327-to-64 and sent to the Senate with the hope that it would raise in new revenue the billion-odd dollars necessary to balance the 1933 budget...
...aloof the week before when a "soak-the-rich" coalition knocked out the Sales Tax and left the house groggy and disorganized. The Press howled its disapproval. Securities declined. Government bonds dropped. Was the House, after all. going to shirk the duty of increasing taxation sufficiently to balance the Budget? It appeared possible until Speaker Garner in his old grey suit went down into the well and began to address the House...
Tariffs. With the Sales Tax out of the way, the La Guardia-Doughton coalition dissolved and the House, exhausted by long sessions, depleted by grip, began casting about for other means to raise a Budget-balancing half billion dollars. First moves were...
...foreign debt consists merely of $10,000,000 which we borrowed from the United States. That represents only about 40% of one annual budget. Besides, we have 62 years in which to pay it and the Hoover moratorium gave us an extra year...