general DEPOS TED BY THE JAN 13:42 TABLE OF CONTENTS Page A109 I. Budget MESSAGE OF THE PRESIDENT - No. 4. Analysis of the public debt. No. 5. Contingent liabilities.- III. DETAILED COMPARATIVE STATEMENT OF RECEIPTS: Statement No. 1. Comparative statement of receipts. Narrative synopsis supporting revenue estimates - IV. DETAILED COMPARATIVE STATEMENT OF APPROPRIATIONS AND EXPENDITURES: Statement No. 2. Estimates, appropriations, and expenditures - Narrative synopsis of appropriation estimates.--. V. DETAILED COMPARATIVE STATEMENT OF RECEIPTS, AND APPROPRIATIONS AND EXPENDITURES: Statement No. 3A. Receipts (trust accounts, etc.). Statement No. 3B. Appropriations and expenditures (trust accounts, etc.). VI. ESTIMATES OF APPROPRIATIONS IN DETAIL: Executive Office and independent establishments - War Department, including Panama Canal... Government corporations and credit agencies - tures for 1941 on the basis of the classification appearing in the daily Treasury statement. No. 2. Permanent appropriations included in Statement No. 2---- tures for the fiscal year 1941.. No. 4. Statement of expenditures under general heads, fiscal years 1935 to 1941, inclusive--- by the Secretary of the Treasury- No. 6. Securities owned by the United States Government, June 30, 1941, and June 30, 1940.. BUDGET MESSAGE OF THE PRESIDENT To the Congress of the United States: I am submitting herewith the Budget of the United States for the fiscal year ending June 30, 1943. It is the budget of a nation at war in a world at war. In practical terms the Budget meets the challenge of the Axis powers. We must provide the funds to man and equip our fighting forces. We must provide the funds for the organization of our resources. We must provide the funds to continue our role as the Arsenal of Democracy. Powerful enemies must be outfought and outproduced. Victory depends on the courage, skill, and devotion of the men in the American, British, Russian, Chinese, and Dutch forces, and of the others who join hands with us in the fight for freedom. But victory also depends upon efforts behind the lines in the mines, in the shops, on the farms. We cannot outfight our enemies unless, at the same time, we outproduce our enemies. It is not enough to turn out just a few more planes, a few more tanks, a few more guns, a few more ships, than can be turned out by our enemies. We must outproduce them overwhelmingly, so that there can be no question of our ability to provide a crushing superiority of equipment in any theater of the world war. And we shall succeed. A system of free enterprise is more effective than an “order” of concentration camps. The struggle for liberty first made us a Nation. The vitality, strength, and adaptability of a social order built on freedom and individual responsibility will again triumph. THE WAR PROGRAM Our present war program was preceded by a defense effort which began as we emerged from the long depression. During the past 18 months we laid the foundation for a huge armament program. At the same time industry provided ample consumers' goods for a rapidly growing number of workers. Hundreds of thousands of new homes were constructed; the production of consumers' durable goods broke all records. The industrial plant and equipment of the country were overhauled and expanded. |