12/9/2023 0 Comments Creating a personal budget lanceLance attempted a comeback when he was named as chief of Walter Mondale’s presidential campaign in July 1984. Bert was one of the closest personal friends I have ever had, and was always a fountain of sound advice about the most detailed issues of our state and nation.” A 1984 COMEBACK At one point, the president and his brother, Billy Carter, were drawn into the probe, but were cleared of any wrongdoing.Īfter Lance’s death, Carter issued a statement saying: “Bert Lance was one of the most competent and dedicated public servants I have ever known. The banker had handled loans of several million dollars to the Carter family peanut business. A jury acquitted him on nine counts and deadlocked on three others, which were then dropped by the Justice Department. I know him - without any doubt in my mind or heart - to be a good and honorable man.”įor four years, Lance battled federal investigations and prosecutions of his financial affairs. “I know him personally as well as if he was my own brother. “Bert is my friend,” Carter said at the time. Ultimately, Lance was cleared of charges in 1981. On September 21, 1977, after weeks of controversy about Lance’s alleged past mishandling of the funds of two Georgia banks he headed, Carter fought back tears as he announced his friend’s resignation. He moved to Washington with a Carter inner circle that included Georgians Jody Powell, the White House press secretary, and Hamilton Jordan, White House chief of staff. Lance was named director of the Office of Management and Budget (OMB), one of the most powerful government agencies and a Cabinet-level post, when fellow Georgian Carter took over the White House in January 1977. Lance, who coined the phrase “if it ain’t broke, don’t fix it” and was an adviser to Democrat Carter during the 1976 campaign in which he beat incumbent Republican President Gerald Ford, died on Thursday in Calhoun, Georgia, according to a statement from a local funeral home. Lance died Augat his home in Georgia at the age of 82. President Jimmy Carter (L), LaBelle Lance (C) and Office of Management and Budget Director Bert Lance walk into the White House in Washington together after the president returned from Camp David to hold a news conference expressing his support for Lance during an investigation of Lance's Georgia banking business in this AugWhite House handout photo.
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