National Affairs: Slower Buildup

In their drive for economy, the top budgetmakers of the Eisenhower Administration have made a decision to slow the buildup rate of the U.S. defense forces.

By means of bookkeeping switches, Budget Director Joseph Dodge was able to trim Harry Truman's 1954 defense budget from $41.5 billion to $38 billion with little or no damage to buildup goals. But last week Dodge let the Pentagon know that he plans to get the 1955 budget down to $35 billion by cutting: 1) the Air Force's goal from 143 groups to 110, and 2) the Navy's supercarrier program (from three carriers to two)...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on TIME.com

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!