Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.
Page 2 · column 1 of 6 · from the scan, no model involved
his result may be disappointing to those who expected a miraculous return to pre-World War II spending •levels, but it is about in line with the predictions made by those who realized that all but 17 percent of the total budget proposed by President Truman was for national defense, fixed charges such as interest on the national debt or other firm obligations such as for veterans’ pensions. The pension item alone exceeds the entire cost of the Government when I entered the House in 1933.
As I previously pointed out in these columns, there never was any more hope of balancing the budget in the new fiscal year starting this week unless we were willing to make radical reductions in our defense program. President Eisenhower’s revised budget recognized that there would be a deficit of more than $6 billion, even though his proposals involve a cut in funds for the Air Force which many persons fear may be dangerous in view of our dependence upon air power not only to deter a Russian attack but to defend our metropolitan areas if war should come.
81.9%