Atlanta tri-weekly journal. [volume] (Atlanta, Ga.) 1920-19??, 1921-12-06
FEDERAL BUDGET
SHOWS BIC SLUMP,
CONGRESS IS TOLD
Apparent Deficit Can Be Met
Without Additional Taxes,
Harding Says Many
Measures Before Session

WASHINGTON, Dec. 5.-Congress
was back on the job today confront
ed with the huge legislative tasks OF
the regular session.
WASHINGTON, Dec. 5.-The fed
eral budget for the fiscal year 1928
the first to be compiled-shows es
timated expenditures Of $3,505,754,
| 727, a decrease of $462, 167, 500 as
comparable the estimated outgo for
the fiscal year 1922, ending next
| June 80, and q reduction of S2,O32,
| 2S5,962 from the actual outlay in the
fiscal year 1921.
Estimated receipts for 1923 are
| placed at $3,33S, 1S2,75O, leaving an
apparent deficit of $167,571,977. In
transmitting the budget to congress
today, President Harding says,
ways are provided for the relatively
easy adjustment" Of the discrepancy
between income and outgo without
added taxation" AS one means he
| recommends legislation directing the
reduction of the naval supply ac-
count by $10O,OOO,oOO.
Actual app priations asked of
congress for the various federal de.
partments and agencies for 1928, to.
tai $3,224,S75, 592, exclusive Of post.
office department. This represents
a reduction Of 1922, SO6,31O from the
original estimate as presented to
the budget bureau, it is stated, but
is approximately $27,00O,0OO more
than the appropriations for this fis.
cal year.
Explaining the $2S0,979,134 excess
Of estimated expenditures in 1923
over the appropriations asked for,
budget officials explain that some of
the funds actually to be put out will
be carried over in continuing ap-
preparations and by other meas.
They say that appropriations for a
given year do not accurately reflect
actual expenses for that var, point
ing out that while the appropriations
for this fiscal year were $3,197, 807,-
962, the estimated actual outgo will
exceed this sum by approximately
$770,000,000.
Of the total estimated expendi-
lures for 1923, approximately ST.
900,000,000 is to pay for past wars
and to keep up the fighting arms Of
the government, leaving only about
$500, 100000 for the peace-time pur-
suits of the federal, establishment.
The estimate for the army and the
navy is 1901, 635, 107, a reduc' N of
66,3O6,299 as compared with this fis-
cal year and 1856, 352,741 as COM
pared with the fiscal year 1921.
Normal Figures Explained
The navy. estimate of $431, 1854 900,
it is explaind, does not take into
account any possible reductions that
might be brought about as a result
of the arms conference, the total in.
Guiding funds for continuing work
on the ships of the 1916 program,
most of which would be scrapped I'M
der the proposal made to the confer
ence by the American government.
Accompanying the budget as sent
to congress is a detailed report from
Director General Dawes as to the
operation of the budget bureau@since
it's establishment five months ago
and some pointed comments as to
means of continuing it's efficient op-
GRAFTON. Discussing the reception of
the budget by congress, General
Dawes says:
''It is to be expected that since the
preliminary estimates have been
made under pressure by the execu-
tive for proper retrenchment, where
consistent with efficiency, it W. OF
be necessary, as heretofore, for con-
gress to make radical cuts upon the
estimates Of the budget with any I'M
certainty as to what will be the re-
suit as it effects efficiency. The
president of the United States, when
he sends the budget to congress is
presumed to send it with all the re-
iductions in expenditures which can
be effected without due impairment
of governmental business processes.
In the preparation of the budget he
has had at work an authorized
agency in the bureau not only in
ascertaining the reasonableness Of
Desired appropriations. but in con-
tinually imposing pressure upon the
departments for a reduction in the
estimates wherever proper and pos