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AMERICAN FINANCE

BALANCING THE BUDGET PRESIDENT’S SUGGESTION WASHINGTON, Nov. 30. In a second message to Congress President Roosevelt urged curtailment of federal highway building to help balance the Budget. He asked Congress to spread obligations already incurred over 1939 and 1940, to cancel the 1939 federal road aid to States, and to limit further aid to a maximum of 125,000,000 dollars annually, beginning in 1940. President Roosevelt estimated that in two years the saving would amount to 214,000,000 dolars.

Permanent link to this item

https://paperspast.natlib.govt.nz/newspapers/ODT19371202.2.78

Bibliographic details

Otago Daily Times, Issue 23364, 2 December 1937, Page 11

Word Count
79

AMERICAN FINANCE Otago Daily Times, Issue 23364, 2 December 1937, Page 11

AMERICAN FINANCE Otago Daily Times, Issue 23364, 2 December 1937, Page 11

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