Federal Budget Making

Archive Report

Budget Approach of Incoming President

Budget Dilemmas at a Change of Presidents

Federal budget making is the process of sorting out national priorities. The complex and painstaking exercise forces the White House to make hard choices involving competing constituencies and political pressures. By having to put a price tag on its goals, the administration must choose between what it considers attainable and what is merely desirable.

These choices are now being made by Richard M. Nixon and his advisers but, like all incoming Presidents in recent times, Nixon must live for a while with the budget he inherits from the departing incumbent. President Johnson will present to Congress on or about Jan. 13,1 one week before he leaves office, the federal budget for the fiscal year 1970, ...

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