Word: omb
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...Office of Management and Budget computer. Its master, Stockman, has admitted changing its programming early this year to avoid a forecast of embarrassingly huge deficits. Indeed OMB last summer hired four college students to supplement its work with calculations done by hand, because, says Spokesman Edwin Dale, "computers are awfully rigid." Nonetheless last week the computer in effect accused the House Appropriations computer of printing out phony figures that underestimated how much would be spent on food stamps and supplemental security income for the disabled. The resolution that came out of the Senate-House conference, said the OMB computer, would...
...Stockman's assistance in calculating the effect of various budget proposals impressed Washington influence weighers. The Senate majority leader had earlier expressed concern that Stockman's doubts about Reagan's economic program, as reported in the celebrated Atlantic Monthly article, might destroy the OMB director's credibility with Congress...
...Stockman stays in his job, it may be thanks to Allen, whose problems have pushed the OMB Director's woes off the front pages. As one White House adviser who favors axing Allen put it: "I think we can make our point by only one head rolling...
...since Stockman also happened to be one of the chief purveyors of that program, the metaphor, however elegant, was bound to land him in a heap of trouble. Trouble came last week, in the form of a firm scolding by the president: the 34-year-old director of OMB barely escaped with his job. After the meeting, Stockman again displayed his flair for imagery: it had been a "trip to the woodshed after supper." One can almost picture Ronald Reagan saying "this hurts me a lot more than it hurts you" as he administered a hiding to his favorite...
...bespectacled representative from Michigan came to the OMB prepared to fight for Reagan's supply-side policies in a Congress unaccustomed to radical change, and his success last summer was unqualified. Stockman united all Republicans, and played Democrats off one another to win approval for his package of across-the-board tax cuts and budget reductions. But if Stockman won the first big battle for the supply-side, the doctrine failed him in its debut on the market place. The summer's victory hardly made a dent in the soaring interest rates that threatened an imminent recession...