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Eisenhower Eyes Deep Cuts to Meet Budget Goal
President Eisenhower plans to trim armed services spending to the lowest safe level, with defense outlays eyed for a $4 billion cut to balance the budget. Treasury testimony warned on the scale of cuts needed, while lawmakers debated the impact on Korea and the economy.
MENTIONED IN THIS ARTICLE
Jack Bell
Washington
Eisenhower
Congress
Truman
Ferguson R.mich
Senate Appropriations Military Subcommittee
Ferguson
Bridges
Full Appropriations Committee
Sen
Lyndon Johnson
Texas
Democratic Policy Committee
Korea
Humphrey
Appropriations
McCarthy
R.wis
America
Sen. Robertson
D-Va
Hej
Treasury Department