Word: budgeting
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...Commons debate was renewed, and savagely, upon the Budget. Tough, veteran Laborites such as the Rt. Hon. Philip Snowden-Chancellor of the Exchequer in 1924-licked anticipatory chops when they saw that Chancellor Churchill had sent as his deputy, Mr. Arthur Michael Samuel, Financial Secretary of the Treasury...
...naturally ruddy cheeks of Chancellor of the Exchequer Winston Churchill were flushed by fever, last week, on the morning when his new Budget (TIME, May 7) came up for debate in the House of Commons...
Thus, the Chancellor defended his Budget with spirit, for some hours, careless or unconscious of his rising fever. Suddenly, however, he was seen to sway, and then to hurry from the House. A moment later he sped by motor up broad Whitehall to his nearby official residence at No. 11 Downing Street-next door to famed "No. 10," the residence of Prime Minister Stanley Baldwin. Soon Mr. Churchill was tucked into bed. A doctor who could not presume to say I-told-you-so declared firmly that Chancellor Churchill had a seemingly not dangerous case of influenza but must...
...Budget. Apart from the daring program just set forth, the new Budget may be summarized thus: 1) Expenditures are estimated at ?806,195,000, and receipts at ?812.497,000, thus leaving an expected surplus of ?6,302,000; 2) Drastic economies will be effected by discharging 11,000 civil officials during the coming year; 3) The exemptions from the income tax already extended to parents, in proportion to the number of their children, are now sharply increased. Thus a single child, which brought an exemption of ?36 ($175), last year, is at present worth ?60 ($292) in exemptions. Additional children...
Significance. The immediate and specific features of the new Budget were all but ignored, last week, as Liberals and Laborites leaped up to attack Conservative Chancellor Churchill's program of shifting the local tax burdens of producers to distributors (and of course eventually to consumers...