The thing that will tell whether it will have to be expanded or not, is whether we get this reconversion and production program over, so that the national income will stay at the level which is necessary to meet this anticipated revenue.

This is the first time you have had a chance to sit down.

Yes, they are included.

I don't know what they are going to ask for.

More than that.

It is anticipated that the budget will be reduced by about $7,100 million.

I think that covers the fundamental budget as nearly as I can cover it.

That is what we hope.

If your estimate was too low you would be in awful shape.

We don't know, for example, how much the Export-Import Bank will lend.

This Budget is--well, unique in one way.

No, it isn't the same type.

Mr. Snyder makes the suggestion that it is not so fully set out in this budget as the estimate under the full employment bill would be set out.

The actual budget is in balance.

That phone number is Executive 3000, J. Weldon Jones, extension 118.

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