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BALANCING BUDGET

BIG TASK FOR U.S.A

PROGRAMME OUTLINED

(U.P.A. by Elec. Tel. Copyright) NEW YORK, .Tan. 6.

A programme to balance the Budget of the Government during the present session of Congress was agreed upon on Thursday night at a eonference between the Presidentelect, Mr. Roosevelt, and the Democratic Congressional leaders. It calls for increased income taxes, in addition to the proposed beer levy and extended gasoline taxes. The plan also took into account a prospective cut in expenditures of 100,000,000 dollars, below the 480,000,000 dollar slice in last year’s expenditures provided by the Hoover Budget. 'With this programme, it is believed that an extra session of Congress in the spring is unnecessary.

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Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/GIST19330107.2.46

Bibliographic details

Gisborne Times, Volume LXXIII, Issue 11827, 7 January 1933, Page 5

Word Count
113

BALANCING BUDGET Gisborne Times, Volume LXXIII, Issue 11827, 7 January 1933, Page 5

BALANCING BUDGET Gisborne Times, Volume LXXIII, Issue 11827, 7 January 1933, Page 5