In the 1,027 pages of the 4 lb. 4 oz. tome sent to Capitol Hill this week lay one of the major achievements of the Eisenhower Administration: a budget offering a small surplus (est. $70 million) for the fiscal year that begins next July 1. But almost overlooked in the light of that achievement was another fact: the fiscal 1960 budget, despite its balance, is also the largest in U.S. peacetime history.
The balanced budget, result of a determined, top-to-bottom Administration drive, calls for expenditures of $77 billion. That is $5.2 billion...
To continue reading:
or
Log-In