National Affairs: The 1924 Budget

The Chairmen of the Appropriations Committees of the two Houses—Senator Warren and Representative Madden (Republicans)—made public tabulated statements of the 1923 and 1924 budgets, showing a decrease of $233,802,504 for next year. At once Representative Burns (ranking Democrat of the House Appropriations Committee) replied that the statements did not tell the whole tale—that reappropriations and deficiency appropriations would bring the expenditure for 1924 well above that for 1923.

The figures of Mr. Warren and Mr. Madden:

1923 1924

Interest on public debt... $1,100,000,000 $950,000,000 Sinking fund public debt... 330,088,800 345,097,000 Veterans' Bureau (World...

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