It is necessary therefore during the present session to refrain from new appropriations for immediate outlay, or if such are absolutely required to provide for them by new revenue; otherwise, we shall reach the end of the year with the unthinkable result of an unbalanced budget.
Calvin Coolidge: “It is necessary therefore during the present session to refrain from new appropriations for immediate outlay, or if such…”
Editor's note · Context
Coolidge warns against new appropriations without corresponding revenue to maintain a balanced budget.
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