National Affairs: The 1924 Budget
The Chairmen of the Appropriations Committees of the two Houses—Senator Warren and Representative Madden (Republicans)—made public tabulated statements of the 1923 and 1924 budgets, showing a decrease of $233,802,504 for next year. At once Representative Burns (ranking Democrat of the House Appropriations Committee) replied that the statements did not tell the whole tale—that reappropriations and deficiency appropriations would bring the expenditure for 1924 well above that for 1923.
The figures of Mr. Warren and Mr. Madden:
1923 1924
Interest on public debt... $1,100,000,000 $950,000,000 Sinking fund public debt... 330,088,800 345,097,000 Veterans' Bureau (World War). 431,298,843 428,160,773
Pensions (other wars)... 268,000,000 253,000,000 Post Office... 573,079,833 584,872,991 Army.. 268,338,388 252,150,231 Navy... 325,297,184 296,586,578 Shipping Board.. 100,459,000 50,411,500 Increased compensation... 38,735,173 35,831,893 Roads... 35,000,000 32,300,000 All else—Congress judiciary, etc.. 475,282,445 478,386,196 Total... $3,940,579,667 $3,706,777,163
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