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The clipping this text was read from
The clipping this text was read from

terstate nignway program a«u me fund from which social security ibenefits come. It is estimated these, funds will take, in $16.6 billion, in the next fiscal year and pay out 16.4 billion. Add the $16.4 billion to thP $73.9 billion of expendiures in the budget, and we reach an expenditure figure of $90.3 billion for the year.

Further adding to the frustrations assailing serious students of the federal budget are such items, as “conlrat* authorizations” and "‘unexpended balances.” Xhesej ■make it diffioilt—virtually impossible—to pin down how much of our tax money ^ will be spen^. or committed to be spent, durifig a fiscal year, the expenditure figuresin the budget notwithstanding^ The contract authorizations. Once ' used, commit the* U/>'ted .State* Government to pay for whatever has been ordered under these authorizations. Congress cannot withhold the money when delivery is made, and this may be several years later. Congress will have nothing «p sav this yean therefore, about a , considerable amount of money the President expects to spend next year, because thej contracts cover

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