The budget to be presented by President Coolidge at the December session of Congress is expected to show a substantial increase over the $3,494,222,308 total of the budget submitted at the opening of the last session as the basis of appropriations for the fiscal year 1927. Thus a continued rise during 1928 in the cost of conducting the federal government is anticipated - for the fourth successive year since the low point in post-war expenditure was reached in 1924.
Expenditures during 1925 rose $22,965,731 above the total for the previous year. In 1926 there was a further increase of $55,344,427. Appropriations during the last session of Congress for the fiscal year 1927 were $273,603,305 in excess of the corresponding appropriations for the last fiscal year. ...