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Ford Says Cut Budget Leave Defense Alone
Former President Ford criticizes President Carter for not cutting the budget deficit and for killing the B-1 bomber program while defense spending remains shielded. The piece explores budget pressures, Social Security costs, CIA spending, and the challenge of balancing revenues and outlays through 1981 and into 1982 with potential recession risks.
MENTIONED IN THIS ARTICLE
Ford
Washington
Gerald Ford
Carter
CIA
Arthur Burns
Burns
Federal Reserve Board
Congress
Richard M. Nixon