U.S.A. FINANCE
A BUDGET DEFICIT. (United Press Association —By Electno Telegraph—Copyright) WASHINGTON, November 20.. The United States, Budget deficit for the fiscal year ending June 30th, 1934, including the extraordinary expenditures mad e by the Roosevelt Administration, is expected to exceed 1,500 million dollars. It is hoped, however, to out down the following year’s budget to 2,500 millions for ordinary disbursements. 1 With the emergency expenditures i. substantially decreased, that budget erf 2,500 million dollars would represent .a substantial decrease from j the 4,300 million dollars buorge? that was asked for by tho Hoover Government oho 'year ago.
The Budget Director, Mr Douglas, | hopes to be much nearer balancing *the budget 1 la the yen r ; 1934-35. Incident ally, some -500 million to one billion <lolla-rs revenue, it is hoped, will 'be derived from liquor next Aside .from','this, it is indicated that from £OO to 400 million dollars
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Hokitika Guardian, 22 November 1933, Page 5
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148U.S.A. FINANCE Hokitika Guardian, 22 November 1933, Page 5
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