Evening star., 1943-08-01
Revised Budget
Asks 100 Billion
For War in Year
President Declares
Stiff Program Of
New Taxes Needed
Tert OF Presidents statement
on page A-f2.
BY ]. A. FOX.

BY ]. A. FOX.
Pointing to total commitments
OF $4,000 ,000,0 900 since the war
effort started three years ago,
and forecasting a public debt of
s206. .000, 900 900 by next July /,
President Roosevelt last night
renewed his recommendations
for more revenue, asserting that
"a truly stiff program of addi-
tional taxes, saving, or both" Is
necessary to bolster the domestic
economy against the perils of
imitation. He estimated national
income this year at $50, 900 ,000,-
600.
In a statement explaining modi-
fications in the budget since the
fiscal program for 1914 went to Con-
gress in January, Mr.. Roosevelt said
that while expenditures in the "gi-
gantic national effort for victory"
totaled but $4,000, ,000, 900 as of last
June 30-far under appropriations
the monthly spending rate had
risen to $7,7o0, ,000, ,000 and he laid
down revised blueprint calling for
disbursements approximating $780,
900 100000 this fiscal year.
At the same time, as the result OF
the vast war program, Mr., Roose-
velt said there are indications that
we are approaching the capacity
Of production with our available
manpower." He expressed the be-
lief, however, that "a further IN
crease in production is possible If
Government, management and la
Dor constructively tackle the prob
lens of the most effective use OF
our resources" and that. he added,
should be our objective"
Tyres Of Spending Revised.
The 100000. .Ooo,o 900 war outlay
conforms to the figure projected by
Mr.. Roosevelt in the annual budget
message, but there were several
shifts in types Of contemplated ex.
penditure.
Most notable was the change In
plans which sees the War Depart
ment spending dropping from
So, 900 900 900 to $50, 900 900 900 and
the Navy going from $24, 900 900 900
to s28, ,0oo, 900 900. Miscellaneous war
activities, including lease lend, are
figured at 5000, 600 600, an increase
OF $500, ,0O0. 600; the War Shipping
estimate now is $500 900 900 In
stead Of 81 300, 900 900, and the MARI
time Commission is reduced by $780,
100000 to $4,000, 900 900.
In this connection, summary by
the Budget Bureau said:
Many factors influence the re-
visions. Strategy has been more
fully shaped. We now have a more
balanced perspective of our military
needs, and the needs of our Allies.
Comparatively light battle casualties
thus far have meant correspnodingly
rev requirements. Damage and loss
OF material have been less than we
prepared for. Production potential
lties can now De more accurately
measured. Continued breaking OF
bottlenecks permits stepping up GER
tain programs.
More Accurate PORTRAYAL Possible
Mr.. Roosevelt adhered to prac-
tlce in issuing the budget sunna-
tlon" which Incorporates changes in
the original budget resulting both
from economic developments and
Congressional action on appropria-
ton bills. He explained that "a
more accurate portrayal" of the
Governments position is possible
now.
Mr.. Roosevelt's budget, together
with subsequent recommendation,
in round numbers-for sl08,0Oo.-
100000. Congress appropriated, and
authorized, SLOT ,000, ,ooO, 900 and also
made approximately $4,000 900 900
available from unused War Depart
ment funds. Expenditures this year
are estimated at s106, 900 900 900 and
receipts at s38, ,O0o, ,ooo, 900, leaving
deficit of $4,000 100000. compared
with $4,000, ,O0o, 900 in 1s43.
The net increase in the public
debt is figured in excess of $50 ,3oo.-
100000. which Is approximately
$500, 900 900 under the January es-
(See BUDGET, Page AID