Annual report of the Secretary of the Treasury on the state of the finances for the year .. . from a total of $ billion, or percent, in 1945. These outlaysconsisted of interest on the public debt, veterans pensions andbenefits, and refunds of taxes and duties. Moreover, general expenditures were swollen in the fiscal year 1946by other repercussions of the war. The total of $ billion of allother expenditures included more than $ billion for two new itemsin international finance. Without these items all other, whichincludes the regular departmental expenditures of the Governmenttoge
Annual report of the Secretary of the Treasury on the state of the finances for the year .. . from a total of $ billion, or percent, in 1945. These outlaysconsisted of interest on the public debt, veterans pensions andbenefits, and refunds of taxes and duties. Moreover, general expenditures were swollen in the fiscal year 1946by other repercussions of the war. The total of $ billion of allother expenditures included more than $ billion for two new itemsin international finance. Without these items all other, whichincludes the regular departmental expenditures of the Governmenttogether with special programs, amounted to $ billion, as comparedwith $ billion in 1945. Immediately following the surrender of Japan, curtailment of ex-pend itmes was begun. The curtailment became apparent in thefirst quarter of the fiscal year 1946, and in the last 6 months spending 22 REPORT OF THE SECRETARY OF THE TREASURY DOLLARS?Billions 100 90 80 70 50 40 EXPENDITURES, CLASSIFIED BY MAJOR PURPOSES FISCAL YEARS 1941 THROUGH 1946 Total Another Direct War and Securityexpenditures. DOLLARSBillions 100 90 80 70 60 50 40 30 20 194! 1942 1943 1944 FISCAL YEARS DOLLARSBillions Classification of All Other Expenditures 12 IQ ^^ Tax Refunds 8 Related mainly to War ? Veterans ? Pensionsand Benefits interest 1941 1942 1943 1944 1945 1946FISCAL YEARS DOLLARSBillions 12 10 H 8 6 4 2 0 General Departmental • DOLLARSBillions
Size: 1821px × 1372px
Photo credit: © The Reading Room / Alamy / Afripics
License: Licensed
Model Released: No
Keywords: ., bookcentu, bookdecade1870, booksubjectfinancepublic, bookyear1876
