Nation: Carter's Cutters vs. the Bulge

A fiscal-political battle that will leave blood on the floor

Largely out of sight, deep in the labyrinth of the federal bureaucracy, Jimmy Carter is preparing for what may be the biggest battle of his presidency. As a keystone of his anti-inflation campaign, he has vowed to limit the red ink in the 1980 budget, which takes effect next October, to less than $30 billion. That will mean chopping as much as $18 billion out of the normal spending for programs that many people have come to take for granted. So department by department, determined Administration budget...

Want the full story?

Subscribe Now

Subscribe
Subscribe

Learn more about the benefits of being a TIME subscriber

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