THE PRESIDENCY: Week of Reckoning

THE PRESIDENCY Week of Reckoning Briefcase-carrying relays of U.S. civilian and military leaders jogged into Augusta's National Golf Club last week to assist vacationing Dwight Eisenhower in nailing down the framework of a balanced budget for fiscal 1961 (beginning next July 1). The week's first wave from Washington, a Pentagon platoon led by Defense Secretary Neil McElroy, met with Ike for four hours in the National's trophy room, was firmly reminded that the armed forces must accommodate themselves to a fairly level rate of spending. Emerging from the key session: a decision to keep defense spending at about $41 billion...

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