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Annual Budget Message to the Congress by Harry S. Truman
Annual Budget Message to the Congress by Harry S. Truman

Annual Budget Message to the Congress (1953)

by Harry S. Truman

Submitted by @legoghost42
Historical Document Documentary
7.21 | Ranked
Annual Budget Message to the Congress by Harry S. Truman
Annual Budget Message to the Congress by Harry S. Truman
Annual Budget Message to the Congress
by Harry S. Truman

More than three-fourths of the total expenditures included in this Budget are for major national security programs--military services, international security and foreign relations, the development of atomic energy, the promotion of defense production and economic stabilization, civil defense, and merchant marine activities. Major national security programs not only dominate this Budget but also account for practically all of the increase in total Budget expenditures since the attack on Korea. As the table on the following page indicates, expenditures for all other Government programs have declined 9 percent since the fiscal year 1950. This decline has occurred during the period when the costs of goods and services which the Government buys have been rising. For the fiscal year 1953, expenditures for all other Government programs will be nearly a billion dollars below the level of the present fiscal year. Within this net decrease, some programs have been reduced, others have been held to current levels, and still others have been expanded.🏁

Submitted by @legoghost42 - 06/21/2025
Historical Document Documentary 7.21 Ranked
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