FORECAST OF UNITED STATES BUDGET
INCREASE IN ESTIMATED DEFICIT WASHINGTON, October 19. The President (Mr Franklin D. Roosevelt) in his revised Budget estimates a predicted deficit on June 30 of 695,000,000 dollars, an increase of 277,000,000 dollars on earlier estimates. He blames the failure of income to meet expectations, and also an increased expenditure of approximately 250,000,000 dollars because of new legislation. Mr Roosevelt adds that the gross public debt on June 30 will be approximately 37,119,858,732 dollars.
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Southland Times, Issue 23336, 21 October 1937, Page 5
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78FORECAST OF UNITED STATES BUDGET Southland Times, Issue 23336, 21 October 1937, Page 5
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