01/07/1932
https://www.presidency.ucsb.edu...
"Including the estimated postal deficit the total budget estimates of expenditures for the present fiscal year are $4,203,254,457, as compared with actual expenditures for the last fiscal year of $3,99..."
"I am confident that we can make a very large cut in this 209 million of increase so as to protect us against a fall in revenues."
"What the amount may be cannot be determined until we have completed our investigation."
"The public works expenditure here given embraces rivers and harbor improvement, flood control, Boulder Dam, public buildings, public roads, etc."