Reduction of Federal Expenditures

Archive Report

President Hoover's Budget Program for 1933–34

The Federal budget for the fiscal year 1934, beginning July 1 next, will be transmitted by the President to Congress shortly after it meets for its short session on December 5, 1932. Preliminary discussion of the probable course of events at the short session indicates that much of the time of the two houses will be taken up with controversies over the extent and direction of federal economy. Pledges to reduce federal expenditures by very large amounts were given during the recent campaign by President Hoover and President-elect Roosevelt, and by most of the congressional candidates of the major parties. Nationwide organizations have been set up to advocate curtailment of governmental costs and activities, and to urge this program ...

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