FDR: “Sound progress toward a budget that is formally balanced is not to be…”

On the recordJanuary 4, 1939

Sound progress toward a budget that is formally balanced is not to be made by heavily slashing expenditures or drastically increasing taxes.

Said by

Democratic · New York

Source

Annual Budget Message

More from FDR

Apr 4, 1945

It is not really of any great importance.

Apr 4, 1945

It may be in another week or ten days.

Mar 19, 1945

It has served as a link between the fighting man and his loved ones here at home.

Apr 2, 1945

The Federal Loan Administrator and the War Food Administrator are hereby designated as additional members of the Economic Stabilization Board.

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FDR: “Sound progress toward a budget that is formally balanced is not to be made by heavily slashing expenditures or…”