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Where will the money come from???
The foregoing projects, and others, were expensive, and the government was not taking in enough revenue to avoid deficit spending. To fund all the new legislation, government spending rose. Spending in 1916 was $697 million; in 1936 it was $9 billion. The government modified taxes to tap wealthy people the most, who could take it in stride most easily. The deficit was made up in part by raising taxes and borrowing money through the sale of government bonds. Meanwhile, the national debt climbed to unprecedented heights.
Would a 'New Deal', be a good idea to rebuild infrastructure and industry?