Archive (Walters MSS)

Economy: Alan Walters diary (public spending) [US programme to reduce public spending; “everyone’s ox is gored”] [released 2012]

Document type: Declassified documents
Source: Walters MSS (Churchill Archives Centre): WTRS 3/1/1
Editorial comments: Read other entries from this diary. View all Walters documents. The original diary can be studied here
Importance ranking: Minor
Word count: 60
Themes: Monetary policy, Public spending & borrowing

Wednesday 29th April 1981

Saw Ed Fuelner [sic: Feulner]- with DW [David Wolfson] - told us how Heritage had masterminded the reduction of public spending - 17 experts reported in 6 months and put a program together. “everyone’s ox is gored” - identified programs to be cut (eg. TVA cut is supported by Howard Baker!) - but also by a corporate spirit in cabinet.