The Key West citizen. [volume] (Key West, Fla.) 1879-current, 1953-01-09

natlonal security programs would
add up to $57 300, 0OO, 0OO-73 per
cent, of the predicted outlay for
the year. That included military
services, international security and
foreign relations, atomic energy,
defense production and ecoonmic
sterilization, civil defense and
merchant marine activities.
s'This is ar expensive program, -
Truman said, 'but our national
security depends on it...until the
free world is secure against the
Communist menace.
An additional II billions, or Il
per cent of the budget, would
largely be chargeable to past wars.
This was for interest on the ma
tional debt and veterans services
and benefits.
All other government expendi-
lures in fiscal 1854, Truman said,
would come to $40, 800, O00, 600,
about the same as in the current
fiscal year and 1880, OOO,OO more
than in fiscal 1852. This amounted
to Is per cent of the total.
This was the division of military
services spending: Air Force
SIT Al, OO0, 900; Army SIS, S5S, $780,
600; Navy $11, 1904, OOO, 900. Truman
said this was to bring the Air
Force in fiscal 1854 up to 1873 wings
of its 143-wing goal, the Army to
2 divisions, the Navy to 9O4 COM
Blatant vessels with an air arm of
16 carrier groups, and the Marines
to three divisions with an air arm
of three wings.
In the face of expressed con-
gresSional hostility to increasing
foreign aid OUTLAWS, Truman said
mutual security and foreign rela-
tons costs in fiscal 1854 should
increase 81, 826, 0OO, 900 from expen-
ditureS in the current fiscal year,
to $7,861, 000, 900. He asked that
appropriations for mutual security
be increased by 81, 100, 0e0, 900 to
81, 500, 600, 900.
However, overall, the new bud
geet called for eight billion dollars
less in new appropriations than
Truman asked a year ago.
It predicted a shrunken deficit
this year, but a deficit of nearly
10 billion dollars in fiscal 1854.
And, the President said, if things
go according to his estimates and
plans, the national debt by 1954's
end will be but billion dollars
short of the legal limit of 275 bill
lion dollars.
Budget messages, looking a year
and a half into the future, are al
ways a bundle of estimates. And
Truman acknowledged at the out
set of his message today that cir
cumStances made this one subject
to even more than usual revision.
THE President-elect," Truman
said, Twill be entirely free to pro-
pose changes"
But for this spending blueprint
ne shouldered the entire response.
bility.
Besides the estimate that feder.
al expenditures would climb to
SIS, 500, 000, 900 in the coming fiscal
year. the highlights Of the budget
message were:
/. The deficit next June 20 at
the end Of this 1858 fiscal wear will
be about $500, OOO, 900, instead of
the previously estimated 10 bill
lions. This reflects a slow down
in rearmament spending.
But by June 80, 1854, at the end
OF fiscal 1854, Truman estimated
the deficit viii be $1,000, OOO. 900.
rejecting peak defense buildup
spending during the year.
At the end of fiscal 1852. last
June 80, the years deficit was four
billion dollars. The President thus
predicted a deficit increase in the
current fiscal year of nearly two
billion dollars and another four
billion dollar jump in the next fis-
cal year.
2. The public debt, which stood
at $50 billion dollars at the end
Of fiscal 1852, will increase to 2s4
billions by next June 80, and TO
274 billions by June 80, 1854. The
legal limit on the public debt of
275 billions can be changed by
Congress if ii wishes.
3. The government viii need
S72, 900, 100000 in new appropria.
lions from Congress in fiscal 1854
This compares to $50 800. 000. 900