TIME Magazine content is available exclusively for TIME subscribers.

Current subscribers for full access. Not a TIME subscriber? .

Back from the Woodshed

Budget Boss Stockman punches out the numbers again

He was hardly the dominating figure of past appearances on Capitol Hill. In fact, he was carefully hidden from public view in the office of Senate Majority Leader Howard Baker. Nonetheless, there was David Stockman doing what he does best, hunching over a desk in shirtsleeves to tap out spending estimates on a pocket calculator. His typically virtuoso performance may have saved his job.

Rumors still circulate that Stockman will be eased out as Office of Management and Budget director after he finishes shaping the fiscal...

Time.com on Digg

POWERED BY digg

Quotes of the Day »

DAVID CAMERON, British Prime Minister, on England's soccer manager, Fabio Capello, who resigned after challenging the FA's decision to strip John Terry of the captaincy; Terry denies a charge of racially abusing QPR's Anton Ferdinand
For use in rail of Articles page or Section Fronts pages. Duplicate and change name as necesssary to distinguish.