On the contrary, the Congress and the Executive should use every effort to hold the normal Federal expenditures to approximately the present level, thus making it possible, with an increase in the Nation's income and the resulting increase in tax receipts, not only to balance future budgets but to reduce the debt.
FDR: “On the contrary, the Congress and the Executive should use every effort to hold the normal Federal expenditures to…”
Editor's note · Context
Roosevelt advocates for holding federal expenditures steady while increasing income, aiming for balanced budgets and reduced national debt.
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