The U.S. Budget in BriefU.S. Government Printing Office, 1954 - Budget |
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Page 4
United States. Office of Management and Budget. SUMMARY OF THE 1954 BUDGET BUDGET EXPENDITURES ... total expenditures should begin to drop after 1954 , as defense outlays ... BUDGET 4 BUDGET RECEIPTS BUDGET EXPENDITURES.
United States. Office of Management and Budget. SUMMARY OF THE 1954 BUDGET BUDGET EXPENDITURES ... total expenditures should begin to drop after 1954 , as defense outlays ... BUDGET 4 BUDGET RECEIPTS BUDGET EXPENDITURES.
Page 6
United States. Office of Management and Budget. BUDGET RECEIPTS Budget receipts under present tax laws are estimated at 68.7 billion dollars in the fiscal year 1954 , the same as the estimated total for this year . Direct taxes on ...
United States. Office of Management and Budget. BUDGET RECEIPTS Budget receipts under present tax laws are estimated at 68.7 billion dollars in the fiscal year 1954 , the same as the estimated total for this year . Direct taxes on ...
Page 7
... Receipts are estimated under present tax laws and are shown after deduction of refunds 3.7 Customs and Other Receipts Total Budget Receipts 32.1 CUSTOMS and OTHER RECEIPTS 5 % EXCISE TAXES 14 % Fiscal Year Billions 1954 Est . $ 68.7 ...
... Receipts are estimated under present tax laws and are shown after deduction of refunds 3.7 Customs and Other Receipts Total Budget Receipts 32.1 CUSTOMS and OTHER RECEIPTS 5 % EXCISE TAXES 14 % Fiscal Year Billions 1954 Est . $ 68.7 ...
Page 39
United States. Office of Management and Budget. APPENDIXES Up to this point , this booklet has discussed Budget receipts and expendi- tures . Three other aspects of Federal financial operations are described in the appendixes which ...
United States. Office of Management and Budget. APPENDIXES Up to this point , this booklet has discussed Budget receipts and expendi- tures . Three other aspects of Federal financial operations are described in the appendixes which ...
Page 40
... Budget receipts and expenditures . Several important programs , however , are operated through ... Total receipts of the trust funds are currently higher than expenditures ... RECEIPTS Old - Age 40 A Trust Funds-Receipts and Expenditures.
... Budget receipts and expenditures . Several important programs , however , are operated through ... Total receipts of the trust funds are currently higher than expenditures ... RECEIPTS Old - Age 40 A Trust Funds-Receipts and Expenditures.
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Common terms and phrases
1954 Budget provides 1954 Estimated 4.6 billion dollars activities ADMINIS Administrator agencies AGRICULTURAL RESOURCES AGRICULTURE AND AGRICULTURAL amount APPENDIX armed forces atomic energy attack on Korea Budget 1954 Est Bureau COMMERCE COMMISSION Commissioners Congress costs critical materials defense plants Deficit DEPT Direct Taxes Director duction Education employees Excise Taxes expand expendi Federal expenditures Federal Government FINANCE fiscal year 1954 Fiscal Year Millions foreign relations grants HOUSING AND COMMUNITY increase Interest on Public INTERNATIONAL SECURITY Korean conflict Labor Lend-Lease loans ment military equipment MILITARY SERVICES Millions of Dollars Money Will Go MUTUAL SECURITY AGENCY national income NATURAL RESOURCES obligational authority old-age and survivors operation payments PERCENT OF 1954 postal present tax laws programs public debt receipts and expenditures RECEIPTS EXPENDITURES Secretary Secretary security and foreign SERVICES AND BENEFITS SOCIAL SECURITY Taxes on Corporations Taxes on Individuals tion Total Expenditures TRANSPORTATION AND COMMUNICATION TRATION tures unemployment insurance United veterans World War II
Popular passages
Page 4 - ... almost twice the amount spent in 1950, the last fiscal year before the outbreak of the Korean conflict. The 1954 Budget, like all Budgets since World War II, is dominated by the costs of safeguarding our security and paying for past wars. About 73...
Page 32 - Federal agency, such as the statutes pertaining to counterfeiting, postal violations, customs violations, and internal revenue matters. The FBI has jurisdiction over violations of espionage, sabotage, treason, and other matters pertaining to the internal security of the United States.
Page 6 - ... of these prospects, President Truman, while avoiding specific tax policy recommendations, nevertheless urged that — * • * It would not be wise to plan for a large budget deficit during a period when business activity, civilian employment, and national income are reaching unprecedented heights. The course of prudence and wisdom would be to continue to strive for a balanced budget and a pay-as-we-go policy In our rearmament program.
Page 26 - ... educators, and by supporting vocational education and the land-grant colleges through grants-in-aid to the States. It also supports Howard University and educational institutions for the blind and deaf, and provides for the education of Indians. The Government provides library and museum services through the Library of Congress, the Smithsonian Institution, the National Gallery of Art, and the Botanic Gardens, and carries on general research through the National Bureau of Standards, the Bureau...
Page 1 - Budget and fiscal policies are tools of national policy. As such, they are subjects of controversy and evolution. I believe that the policies I have supported are sound, and that the recommendations in this Budget will enable us to meet our national needs in the fiscal year 1954 in the light of the Nation-wide and world-wide objectives of the United States. HARRY S. TRUMAN.
Page 10 - Navy of o'ver 400 active combatant ships and 16 large carrier air groups; and a Marine Corps of 3 divisions and 3 air wings.
Page 22 - ... item of grants to States and talk about that. Then we will take up the Mexican labor program. GRANTS TO STATES FOR UNEMPLOYMENT INSURANCE AND EMPLOYMENT SERVICE PROGRAM ADMINISTRATION Mr. GOODWIN. Mr. Chairman and members of the subcommittee, we are requesting $13,600,000 in supplemental funds for grants to the States for administration of the emplo.yment service and unemployment insurance program. The funds are needed primarily to meet the additional costs of unemployment insurance claims loads...
Page 24 - Federal expenditures for civil defense in 1954 will complete the air raid warning system in the 191 cities which are likely to be principal targets in the event of an enemy attack on the United States.
Page 42 - Total 1, 500, 000, 000 500,000,000 2.000,000,000 intragovernmental transactions. Thus, it shows the total flow of money between the Federal Government and the public. Now, I think that the most interesting thing I can say to you, without going into a complete analysis of the CED budget, is that if we calculated receipts on the same assumptions as those used by the CED and we took the expenditures actually presented in the President's budget, instead of a deficit...
Page 42 - In order to derive the total of receipts from and payments to the public, it is necessary to consolidate Budget and trust fund transactions. Transactions between Government agencies and trust funds, such as...