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Government Living Costs Rise With Expanded Military Spending
James Marlow analyzes postwar budget trends showing rising government costs driven by military spending. He notes Truman requested 13.5 billion for the armed forces within a 42.5 billion total in 1950, Eisenhower sought 429 billion for the military for 1962, and Kennedy will face scrutiny as he plans a new budget beyond Eisenhower’s figures. The piece contrasts optimism about a budget surplus with pressures from defense and new programs.
MENTIONED IN THIS ARTICLE
Associated Press News
Washington
Truman
Congress
Eisenner
Eisenhower
John F. Kennedy
Kennedy