pended balances of previous appropriations. Contract authority in addition to the appropriations is provided in the case of the Tennessee Valley Authority in the amount of $4,000,000 against a Budget request therefor in the amount of $5,500,000.
The direct appropriations recommended in the bill are classified by fiscal years as follows: Fiscal year 1938.
$55, 663, 170.00 Fiscal year 1937
20, 652, 084. 64 Fiscal year 1936 and prior years.
350, 263. 30 Judgments and audited claims.
2, 541, 425. 51 Total.
79, 206, 943. 45 The distribution of the direct appropriations by major purposes is as follows: Tennessee Valley Authority
1 $40, 166, 270.00 Processing taxes, refunds and examination of claims.
215, 000, 000.00 Postal Service and Post Office Department (payable from postal revenues).
14, 172, 500.00 Adjusted compensation payments (bonus), administrative expenses.
1, 682, 000.00 Amounts on account of new laws, fire damage, flood damage, strikes, etc...
3, 400, 000.00 Judgments and audited claims.
2, 541, 425. 51 All other items.-
2, 245, 747. 94 Total
79, 207, 943. 45 i Contract authorization of $4,000,000 in addition. 3 And reappropriation of $6,000,000 for administrative expenses and of $12,000,000 for refunds.
An examination of the foregoing tables will disclose that 70 percent of the total of the bill is for supplemental items for the fiscal year 1938 which have no deficiency characteristics whatever. The amounts for the fiscal year 1937 comprise 26 percent of the bill's total, and of this 26 percent the amounts for the Postal Service comprise 68 percent, the amounts due to new laws, fire, flood, strikes, and other unforeseen emergencies total 16 percent, and the remaining 17 percent represents all other supplemental and deficiency items. The amount for deficiencies for the fiscal year 1936 (actually incurred) and for judgments and audited claims represents 4 percent of the total.
TENNESSEE VALLEY AUTHORITY
The appropriations for the Tennessee Valley Authority appear in this bill, instead of a regular annual appropriation bill, through an assignment of the work of the committee made by former Chairman Buchanan.
The Budget estimates are found on page 113 of the Budget for the fiscal year 1938, transmitted to Congress in January last. The amount requested is $43,000,000, in direct appropriation and in addition authority to enter into contracts subject to future appropriations in the amount of $5,500,000, making a total of obligating privilege requested by the Authority for the fiscal year 1938 of $48,500,000.
The committee recommendations comprise a direct appropriation of $40,166,270 and a contract authorization of $4,000,000, making a total to be available for obligation of $44,166,270. This sum represents a reduction in the total requested of $4,333,730, consisting of $2,833,730 reduction in the direct appropriation and $1,500,000 reduction in the amount of the contract authorization.
The amount available for obligation in the current fiscal year is $48,690,702 consisting of $39,900,000 of direct appropriation for sucb