Evening star., 1936-01-06
Total of Estimates
Is $6,752,OOO,OOO
for Next Year.
PRESIDENT SEES
BILLION DEFICIT
Big Increase i'm Receipts
and Reduced Expenses
Provide Basis.
Full tert OF Presidents budget
message on Page Alp.
BY G. GOULD LINCOLN.

BY G. GOULD LINCOLN.
President Roosevelt's spending pro-
gram for the fiscal year 1937-minus
estimates for reilef-was presented tc
Congress today in his annual budget
message.
The total estimated expenditure by
the Government-with the exception
of any new items for relief later to be
transmitted-is s6,752 ,606,370. The
estimated expenditures for the fiscal
year ending June 80, 1886, are s7,645,-
301,3 1888.
The total estimated receipts of the
Government for the fiscal year 1881
are $5.654,217,650. The estimated re-
ceiptS for the fiscal year ending June
30, 1886, are $4,4l0, 793,946
The estimated deficit-which may be
changed later to accord with relief ex-
penditures-is 81 ,098, 1888, 100 The esti-
mated deficit for the fiscal year end
ing June 80, 1886. is s3.234 ,507. 1892.
The estimated public debt at the end
of the fiscal year 1887 totals $3l ,351.-
638,737. The estimated public debt at
the close of the fiscal year 1886 is
e3o,s33, ,375.017.
Comparison Of Figures.
These figures, comparing the expen-
ditures and receipts for the next flsCal
year, which begins July /, 1886, with
those for the present fiscal year show ::
/. There is a material increase in
Government receipts.
g. There is growing tendency to-
ward reduced expenditures.
8. The annual deficit will be less for
the fiscal year 1887 than for the year
1936-unless the unestimated relief ex-
penditures should mount far higher
than is expected.
Affected by A. A. A. Ruling.
The Supreme Court decision invali-
dating the A. A. A., with its processing
taxes, threatens to throw the budget
into disaTay.
The budget estimates Government
revenue from the processing taxes at
$547, 0,000. and the expenditures
listed under the operation of the A.
A. A. are placed at $619, BAT 900. If
the farmers are to be paid for their
1886 contracts, the Government will
have to find the money from other
sources than the A. A. A. processing
taxes
In his message to the Congress the
President says:
The item for relief remains With
out that item the budget is in balance.
To make today formal budget esti-
mate of the amount necessary for work
relief would be of necessity a difficult
task. We have too recently reached
our goal of putting three and one
half million people at work; and the
beneficial effects from this program
and from increasing expenditures on
public works cannot be foretold as ac-
curately today as it can two months
from now. Furthermore, employment
by private industry continues to show
substantial gains over the figures of
q year ago.
Expects Lower Relief Total.
"It is reasonably certain that the
total appropriations for work relief
during the fiscal year 1887 will be far
less than during the current fiscal
year. It is estimated in this budget
lief out Of unexpended balances of
previous emergency appropriations will
amount to $1,103, ,000, 900.
including these expenditures (those
for recovery and relief out of the un-
expended balances) the gross deficit
for 1887, without an estimate for ad-
ditional work relief, is less than the
gross deficit for 1896 by $2,136, 900 900.
I do not anticipate that the need for
additional relief funds will be as great
as that sum-"
It Is apparent from this statement
that the President does not expect to
send his estimates for relief to the
Congress before the first of April. In
his discussion of the budget message
with the press, the President said that
he fully expected Congress to be In
session beyond that date.
Expects to Pay With Receipts.
"I expect to pay for these regular
activities with estimated receipts of
S5.654, ,000, ,000," says the President,
leaving an excess of receipts of
$685., 900 900. Out Of this $5S5, ,0O0, 900
7 will need $3.50, ,000, 900 for debt re-
tirement, which win still leave $5,000,-
600 of excess receipts over expendi-
lures, after having paid for all the
regular expenditures Of the Govern
ment plus debt retirement"
The addition OF the $1,103, 100000
of unexpended balances of appropria-
tions for recovery and relief, to the
total expenditures for the regular ac-
tivities of the Government. as set forth
by the President. brings the total
estimated expenditures up to the
SO, ,752, 10000 already given.
In his budget message the President
made no allusion directly to the
soldiers bonus, or to the possibility
that the A. A. A. processing taxes,
included in the estimates of receipts
by the Government. might be invali-
dated. The President says, however:
IF the Congress enacts legislation
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