THE BUDGET: 78000000000

A White House clerk trudged into the Capitol last week with two bulky burdens, dropped one off at the Senate and the other at the House. Each 4-lb.-11-oz. package was a copy of Harry Truman's 1,155-page budget for fiscal 1954 (beginning next July 1).

It was quite a burden, indeed. Truman estimated the year's expenditures at $78.6 billion, which is more than he has spent in any of his years in the White House. He anticipated a deficit of $9.9 billion at the end of the year, higher than any since the $20 billion World War II deficit of 1946....

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