THE CONGRESS: Flailing & Cutting

Republican Congressmen, some with axes and some with feather dusters, flailed away last week at the Administration's $597 million program for interim aid to Europe. Their flailing was more vigorous than most of the program's proponents had expected.

The House got in the first and most serious licks. Its Foreign Affairs Committee, in a turbulent closed meeting, tentatively agreed to recommend a bill authorizing an expenditure of only $489 million. Italy's budget would bear the brunt of this slash. All told, Italy would be cut $87 million (from $227 to $140 million),...

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!