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Show h " I BIG BUDGET SNAFuj suggested that it may soon "collapse." "col-lapse." May 14 The president reported report-ed to "the American people" and defended his budget, including his April 18 cuts, saying that "this revised budget was the proper dividing line between national na-tional danger and excessive expenditures." ex-penditures." May 14 Eisenhower painted a grim picture of the Soviet military mili-tary strength citing that it is made up of the "world's largest In the next several issues The Salt Lake Times will present an ilysis of the Eisenhower Ad-iuAistration's Ad-iuAistration's fiscal 1958 defense budget, the budget upon which American security in the space age depends. The material presented here was gathered in Washington from news reports, official government gov-ernment documents and other sources. The information will show that the current Republican administration admin-istration has not yet grasped the seriousness of our present situation. situ-ation. Here then is the second chapter in the sad story unfolding today in the capitol: March 26 The Republican conference adopted a resolution pledging itself to reduce federal expenditures and to balance the budget. April 3 Budget Bureau Director Direc-tor Perciful Brundage told the Senate F'inance Committee that the overall budget could be cut $2 or $3 billion. April 3 Even while Brundage was testifying, Eisenhower informed in-formed newsmen that he could not anticipate any significant savings over his original January budget figure. - April 18 Eisenhower answers House Resolution 190 suggesting a total of $1.8 billion in slashes of which more than $1.2 billion was in the defense budget. This was a paper cut in that it did not represent a reduction in actual ac-tual expenditures. April 30 Vice President Nixon envisioned the crumbling of the Soviet military power and he army, many more submarines than Germany had in 1939, and atomic weapons, rockets and missiles." May 15 At his news conference, confer-ence, Eisenhower said the Defense De-fense Department has pointed out that it could take a cut of "about a half billion" because it could do with "somewhat less carryover." May 15 The president contradicted con-tradicted his statement of the previous day by saying that the USSR was also "feeling a pinch" of supporting its tremendous military organization." May 21 The House appropriations appropri-ations committee recommended cuts of $2.5 billion of which $1.9 billion represented a direct reduction re-duction for new obligational authority with only $590 million a reduction of funds appropriated appropri-ated in prior years. The $590 million was available, however, by transfers from special funds. The committee emphasized that the Defense Department had $45 billion in carryover money appropriated ap-propriated in previous years. (Continued next week.) |
