III. THE BUDGET FOR THE FEDERAL PROGRAM FOR THE FISCAL YEAR 1947/ SUMMARY OF THE BUDGET:  For the first time since the fiscal year 1930 the Budget for the next fiscal year will require no increase in the national debt. Expenditures of all kinds, authorized and recommended, in the next year are estimated at just above 35.8 billion dollars. Net receipts are estimated at 31.5 billion dollars.