Annual Budget Message
01/04/1939
https://www.presidency.ucsb.edu...
Probably so.
The defense program has already resulted in a substantial increase in production, employment, and national income.
I expect actual expenditures to be stepped up to four and three-quarter billion dollars in the six months ending June, 1941.
The budget of the United States Government for the fiscal year ending June 30, 1942, is a reflection of a world at war.