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TABLE OF CONTENTS

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BUDGET MESSAGE OF THE PRESIDENT

To the Congress of the United States:

The Budget of the United States Government for the fiscal year ending June 30, 1936, of which this message is definitely a part, is transmitted herewith for your consideration. It deals principally with the moneys carried in the general and special accounts of the Government, which constitute the great bulk of the general fund, as this fund is shown on the first page of the daily Treasury statement. The remainder of the general fund consists mainly of moneys carried in trust accounts, which are not strictly Government moneys, and therefore enter only incidentally into the financial picture presented by the General Budget Summary.

REVIEW OF THE FISCAL YEAR 1934

The total expenditures of the Government for the fiscal year ended June 30, 1934, as shown in the General Budget Summary and supporting schedules, amounted to $7,105,000,000 in round figures. Of this amount, the sum of $1,086,000,000 was spent for the operation and maintenance of the regular departments and establishments of the Government, $556,000,000 to meet veterans' pensions and benefits, $757,000,000 for interest on the national debt, $360,000,000 for statutory debt retirements, and $63,000,000 for tax refunds, making in the aggregate $2,822,000,000. The remainder of the total expenditures for that year, amounting to $4,283,000,000, was spent for recovery and relief. The general purposes to which this amount was applied are set forth in detail in Supporting Schedule No. 3. It will be seen that this amount was expended approximately as follows:

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