Prosecutors To Charge Former Reagan Aide

This article is from the archive of The New York Sun before the launch of its new website in 2022. The Sun has neither altered nor updated such articles but will seek to correct any errors, mis-categorizations or other problems introduced during transfer.

The New York Sun

WASHINGTON — Federal prosecutors will unveil criminal charges against David Stockman for incomplete disclosures and improper accounting practices he allegedly endorsed while running a Michigan auto parts company, according to sources familiar with the investigation. Mr. Stockman, 60, led the Office of Management and Budget under President Reagan, who once took him “to the woodshed” for expressing doubts about huge deficits at while he was selling the administration’s budget to the public and federal lawmakers.


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