Excerpts from the Press Conference
06/18/1935
https://www.presidency.ucsb.edu...
I regard it as extremely important that we should achieve a balance of actual income and outgo for the fiscal year 1938.
We must resist these importunities or provide the necessary revenues to meet the increasing costs.
I recommend that an appropriation of $1,500,000,000 be provided for work relief for the fiscal year 1938.
I propose to use every means at my command to eliminate this deficit during the coming fiscal year.