FISCAL: Uncertain Billions

The new budget sent by the President to Congress was $13 billion below last year's whopper, but it was no time for the economy-minded to cheer. The budget was still an astronomical $86,767,000,000, and it was less than last year's because the U.S. had finished building most of its war plants. An Allied victory in Europe might cut the budget by billions; a renewed show of German strength might raise it by billions. But Franklin Roosevelt refused to be prophetic.

Amid the uncertainties, one grim certainty loomed. The cost of caring for war veterans was already rocketing: at $2,623 million...

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