U.S.A. DEFICIT
OVER 2,800,000,000 DOLLARS. (United Press’Association —By Electric 'Telegraph—Copyright.) " \ WASHINGTON, June 29. At midnight on Thursday, the United -States closes iss fiscal year, and enibarks on a new period with additional revenue-producing machinery, and an auxiliary economic programme, whic|i promises to produce sufficient Tticoifie to keep feha iTroasnry in-?order.*. To-day the deficit was 2,837,644,914 dollars, and on Jun e 21 last year, it was. 902,716,000 dollars and the year b. fore 183,000,000. For the fiscal year 1933, Government officials aver thathere is expected to accrue 3,261 million dollars in taxes, sufficient, says Mr Hoover, impregnab’.y to establish the credit of the Federal Government.
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Hokitika Guardian, 1 July 1932, Page 5
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104U.S.A. DEFICIT Hokitika Guardian, 1 July 1932, Page 5
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