Word: budgeteers
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Dates: during 1950-1959
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...inflation's other front, the fight for a balanced U.S. budget for fiscal 1961, disputes were rumbling that only the President could settle. The Pentagon was crying that U.S. defensive strength will suffer if the Administration insists on holding spending to the $41 billion level of the current fiscal year. In fighting against the outflow of dollars to foreign countries, the Administration was studying a possible cut in foreign aid and a revision of trade policies, with an eye toward shaping a new foreign economic policy that would hold the free world together...
...sent abroad $3.4 billion more than it received for its exports. Faced with a $4 billion gap in fiscal 1960 (ending next June 30), Treasury Secretary Robert Anderson has got the President's permission to cast a hard eye over next year's foreign-aid budget and audit the Pentagon's spending for overseas forces and bases. Last month Anderson gave U.S. policy a new dollar-saving twist: the U.S. announced that, with few exceptions, dollars lent in the future to underdeveloped nations by the Development Loan Fund must be spent in the U.S. (TIME...
After Forrestal's death, Symington fought a continuing battle with his successor, Louis Johnson, to keep up Air Force group strength against the pressures of shrinking, pre-Korea defense budgets. Symington kept insisting that the U.S. needed 70 air groups for minimum safety, but he saw the Air Force dwindle to 50-odd. Early in 1950, when the new budget trimmed the Air Force to 48 groups, Symington resigned in protest...
...clear where he stands. He stands for more: more air defense, more brush-fire war strength, more civil defense, more missiles. In his first Senate floor speech, in June 1953, he assailed Republican plans to trim airpower, charged that the Administration was apparently planning to use a "firmly balanced budget" as its weapon in case of Soviet air attack. Since then, he has remained Capitol Hill's most outspoken critic of Eisenhower defense policies, and most persistent warner that the U.S. was dangerously underestimating Soviet military and technological strength...
Nowadays few people except Wife Vivienne would dare talk so impiously to Hub Robinson. At 54 he bosses the flashiest, costliest series in television: the Ford-sponsored NBC lineup of 39 weekly go-minute spectaculars. With a budget of $15 million, Hub Robinson can recruit some of the brightest players and producers-as he proved last week in his third Ford special, Henry James's eerie classic...