Four Years Under the Budget System

February 5, 1925

Report Outline
Public Debt of the United States
Savings in Administrative Expenses
Revenues of the Federal Government
Comparison of Savings with Tax Reductions
Recommendations for Further Economy
Congress and the Budget

President Coolidge In a recent address before the Business Organization of the Government, which attracted wide public attention, reviewed the results of the first four years of government operation under the budget system, and pointed to the following achievements:

  1. “In the fiscal year 1921 we spent $5,538,000,000. It is estimated that we will spend this fiscal year $3,534,000,000. This will show a reduction in our expenditures of $2,004,000,000.

  2. “The four years will show e reduction in the public debt of approximately $3,198,000,000. This means a reduction in the annual interest from $999,000,000 to $865,000,000, a saving of $134,000,000 each year.

ISSUE TRACKER for Related Reports
Federal Budget and National Debt
Sep. 01, 2017  National Debt
Jul. 12, 2013  Government Spending
May 15, 2012  State Capitalism
Mar. 18, 2011  National Debt
Nov. 14, 2008  The National Debt
Dec. 09, 2005  Budget Deficit
Apr. 13, 2001  Budget Surplus
Feb. 01, 1991  Recession's Regional Impact
Jan. 20, 1984  Federal Budget Deficit
Sep. 09, 1977  Federal Reorganization and Budget Reform
Nov. 24, 1972  Limits on Federal Spending
Jan. 08, 1969  Federal Budget Making
Dec. 06, 1967  National Debt Management
Aug. 01, 1962  Fiscal and Budget Policy
Nov. 27, 1957  National Debt Limit
Mar. 20, 1957  Spending Controls
Dec. 24, 1953  Public Debt Limit
Feb. 13, 1952  Tax and Debt Limitation
Nov. 30, 1949  Government Spending
Jan. 06, 1948  Legislative Budget-Making
May 23, 1944  The National Debt
Feb. 01, 1943  The Executive Budget and Appropriations by Congress
Dec. 27, 1939  Revision of the Federal Budget System
Oct. 10, 1938  The Outstanding Government Debt
Nov. 20, 1937  Budget Balancing vs. Pump Priming
May 02, 1936  The Deficit and the Public Debt
Oct. 19, 1934  The Federal Budget and the Public Debt
Feb. 10, 1933  Extraordinary Budgeting of Federal Finances
Dec. 01, 1932  Reduction of Federal Expenditures
Dec. 01, 1930  The National Budget System
Oct. 02, 1930  Federal Revenues and Expenditures
Nov. 02, 1927  The Public Debt and Foreign Loans
Nov. 15, 1926  Rising Cost of Government in the United States
Feb. 05, 1925  Four Years Under the Budget System
BROWSE RELATED TOPICS:
Budget Process
Deficit, Federal Debt, and Balanced Budget