Who promises to cut and slash
When David Alan Stockman was asked to become Reagan's director of the Office of Management and Budget, he accepted with alacrity. It was, after all, a chance to put into practice the budget gospel that he had been preaching during his two terms as a Congressman from southern Michigan: cut, cut and slash, slash. His boss has promised to slice 2% from the $640 billion budget for 1981; Stockman may push for more radical surgery. Earlier this year, he advocated abolishing federal revenue sharing with cities and states, paring back federal job programs, freezing Medicaid payments,...