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Though the counterattack had regained a lot of lost ground, the Battle of the Budget was still undecided-as the House Appropriations Committee made plain by voting a $2.5 billion slash in defense funds. It was still likely that Congress would trim Ike's $3.8 billion foreign-aid program to $3.4 billion or so, and he would have to keep fighting if he wanted to save such embattled programs as federal aid for school construction. But on one point there was no doubt: the President had, at long last, won the initiative...

Author: /time Magazine | Title: THE NATION: Responsibility Regained | 6/3/1957 | See Source »

...always made a point of boasting about his record of support for the Eisenhower Administration. But Presidential Candidate Knowland carefully positions himself to the right of Dwight Eisenhower (and Richard Nixon) on nearly all major issues. He aggressively opposes the Eisenhower budget, wants to cut it by $3 billion, slash foreign aid by $500 million (yet he embraces as his special overseas charges some half a dozen Asian nations-ranging from Nationalist China to Pakistan-which absorb a substantial chunk of foreign...

Author: /time Magazine | Title: National Affairs: Knowland at the Ready | 6/3/1957 | See Source »

Lawrence also attacks the press for its attitude toward the House's $38 million slash in the U.S. Information Agency budget-a reduction that was handled with complacency at best, and vociferously cheered in some segments of the press, notably the Scripps-Howard chain, which has a vested interest in killing U.S. overseas information operations. Reason: the Scripps-Howard papers and the United Press are parts of the same company; U.P. fears that USIA's free distribution of U.S. Government news abroad cuts into its profits from the sale of news to foreign newspapers. Blaming the press...

Author: /time Magazine | Title: The Press: Counsel for the Defense | 6/3/1957 | See Source »

Eisenhower told a news conference there is no hope for a real slash in government spending unless a very great easing of world tensions makes it possible to cut the present "stupendous" expenditures for defense...

Author: By The ASSOCIATED Press, | Title: Eisenhower Will Address Nation To Get Support for New Budget; House Cuts School Appropriation | 5/9/1957 | See Source »

Congress, in its attempts to slash the President's record Budget, is cutting some impractical corners. Since the legislators find it difficult to pare down the large items, they are trying to whittle away lesser expenditures. These cuts seriously impair the functions of the agencies concerned. While the Post Office won its battle, the Weather Bureau now finds itself in danger. Its request for funds should not be sacrificed to the insignificant savings which would result from such cuts...

Author: NO WRITER ATTRIBUTED | Title: Penny Wise | 5/3/1957 | See Source »

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