Word: stockman
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While there is not yet a crisis in White House management, the current strains seem likely to grow. Moreover, there is growing disarray at middle levels of Reagan's economic team. While the "economic troika" of OMB Director David Stockman, Treasury Secretary Donald Regan and Council of Economic Advisers Chairman Murray Weidenbaum seems to be at least publicly in tune, there is a sharp split between the supply-side purists and more monetarist advocates working under it. They disagree on the validity of the Administration's rosy economic forecasts and on whether Reagan's recently enacted...
...that the program nationally has played a valuable part in dramatically reducing American hunger and malnutrition in recent years. But the inflation of the late 1970s reached an intolerable point, dictating an effort to chop the huge budget deficits that have been feeding it. In the view of David Stockman, Reagan's chief budget slasher, school lunch subsidies are "a perfect example of an entitlement program that should be reviewed. It entitles a lot of middle-class people to a trivial subsidy, which is nonsensical, because they pay their school lunch bill on April 15. Now that...
Whether lunch subsidies will be cut any deeper is uncertain. Reagan's advisers are scheduled to decide this week which further cuts in entitlement programs to recommend, and Stockman has made no secret of his desire "to take more out of the school lunch program. But any additional reductions will meet resistance in Congress, even from loyal Reaganites. House Republican Leader Robert Michel last week sent a letter to the American School Food Service Association asserting hopefully: "I don't believe any further cuts are contemplated by the Administration or Congress at this time. We recognize that...
...President called it at one point possible "bureaucratic sabotage." Chief Budget Cutter David Stockman conceded that Administration officials were left "with egg on their face." Both men were referring to proposed new regulations, announced by the Agriculture Department, for school lunch programs that would have classified catsup as a vegetable. The resulting furor forced the Administration into a hasty and embarrassing announcement that the rules were being recalled for redrafting. Even so, they remain in many minds a symbol of what critics see as the Reagan team's callous indifference to the poor...
Those people who fiddle around with the federal budget have become the new cult figures in Washington. There is glamour in ledgers, computer print-outs and bar graphs. The big star, clearly, is David Stockman, director of the Office of Management and Budget. But Alice Rivlin, director of the Congressional Budget Office, surely deserves an Oscar for supporting actress in this new drama...