In addition to Harry Truman's record peacetime budget of $41.9 billion, there is a shadow budget of at least $11 billion more which Congress will be asked to approve, mostly as authorizations for Fair Deal measures. The eleven extra billion are really only a starter: some of the spending plans call for a small beginning but would commit the Government to huge new annual expenditures.
Against this $40 or $50 billion program stands the 1929 budget: in that prosperous year it took only $3.8 billion to run the U.S. Government. It took $7.3 billion in free-spending 1938.
Chief items on the administration's...
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