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...into Augusta's National Golf Club last week to assist vacationing Dwight Eisenhower in nailing down the framework of a balanced budget for fiscal 1961 (beginning next July 1). The week's first wave from Washington, a Pentagon platoon led by Defense Secretary Neil McElroy, met with Ike for four hours in the National's trophy room, was firmly reminded that the armed forces must accommodate themselves to a fairly level rate of spending. Emerging from the key session: a decision to keep defense spending at about $41 billion (TIME...

Author: /time Magazine | Title: THE PRESIDENCY: Week of Reckoning | 11/30/1959 | See Source »

Early next morning, Ike met for more than an hour with Civilian Space Boss T. Keith Glennan, who bid for a big increase over the National Aeronautics and Space Administration's present $500,575,000 budget. Ike gave no sign of his response. No sooner had Glennan left than the President posted an order to the Joint Chiefs of Staff, summoning them to an 8:30 a.m. meeting next day. Then, heeding a forecast of afternoon showers, Ike cut short morning paper work, laced on his golf shoes and headed off for the first...

Author: /time Magazine | Title: THE PRESIDENCY: Week of Reckoning | 11/30/1959 | See Source »

Close on the heels of the Joint Chiefs were Budget Director Maurice Stans and Presidential Aide Robert Merriam, who reviewed nonmilitary spending with Ike. Stans also brought bad news: the hopeful forecast of $100 million surplus in fiscal 1960 would likely become a deficit because of the steel strike. "The odds are swinging against a balanced budget this year," said Stans, explaining that strike losses would reappear next year as profits taxable during fiscal 1961. U.S. spending, said he, would be about $81 billion next year-up at least $2 billion over fiscal 1960. Hopefully, receipts would be up enough...

Author: /time Magazine | Title: THE PRESIDENCY: Week of Reckoning | 11/30/1959 | See Source »

...Ike to Ask $4 Billion...

Author: By The ASSOCIATED Press, | Title: Red China Charges U.S. Consul With Abduction of Staff Worker; President Seeks Increase in Aid | 11/30/1959 | See Source »

...senior writer for Collier's, has dug assiduously into the histories, war diaries and personal recollections of all the D-day fighters he could find on either side, in a full two years of interviewing. As a result, the familiar facts are tautly exciting. There is a lonely Ike, scuffing the cinders and scanning the skies outside his English trailer headquarters on the eve of his greatest decision. There is the breathtaking invasion fleet of some 5,000 ships stretching from the Normandy coast back to the embarkation ports of England. There is the gore and gallantry...

Author: /time Magazine | Title: Books: For Want of a Shoe | 11/23/1959 | See Source »

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