Extracted text

OCR Page 1 of 102
yours VBMN Monnins EXECUTIVE OFFICE OF THE PRESIDENT BUREAU OF THE BUDGET WASHINGTON, 25, D.C. FEB 141946 My dear Mr. Latta: The Congress has enacted H. J. Res. 316, "Making an additional appropriation for the fiscal year 1946 for readjustment benefits, Veterens Administration. It is the purpose of the resolution, as indicated by its title, to appropriate an additional amount of $500,000,000 for the fiscal year 1946, for the payment of benefits to or on behalf of veterans as authorized by titles II, III, and V of the Servicemen's Readjustment Act of 1944, and to remain available until expended. An estimate of the additional appropriation was submitted to the Congress by the President on February 2, 1946 (H. Doc. 445), at which time it was explained that the 1947 Budget provided an amount of $366,499,422 to be expended for the same purpose in the fiscal year 1946, but that due to the demands on this fund by reason of the very heavy demobilization of the armed forces, the peak of the demand had been advanced to the point that the presently available funds will be exhausted before the end of February. The Bureau of the Budget has informally contacted the Veterans Administration, which initiated the estimate, and it recommends that the resolution be approved. I recommend that the resolution be approved. Very truly yours, Directior. Mr. M. C. Latta, The White House.