I shall make suggestions for handling the present-year deficit in the Budget message, but I do not favor encroachment upon the statutory reduction of the public debt.
Herbert Hoover: “I shall make suggestions for handling the present-year deficit in the Budget message, but I do not favor encroachment…”
Editor's note · Context
Hoover expresses his intent to address the budget deficit while maintaining a commitment to reduce public debt.
Share
More from Herbert Hoover
While these features in the Wagner and the Garner bills are not in the form and are not as well safeguarded as they should be, they are in line with major objectives I have been advocating.
The Kellogg-Briand Pact, to which we are all signatories, can only mean that the nations of the world have agreed that they will use their arms solely for defense.
The details of this estimate, the necessity therefor, and the reason for its transmission at this time are set forth in the letter of the Director of the Bureau of the Budget transmitted herewith, with whose comments and observations…
I am glad to see the adoption by the Senate and House of the principle of generous relief to unemployment.





