Graham no longer belives the Bible is inerrant.

From Frank Lockwood, Bible Belt Blogger, Herald - Leader, Lexington, Ky
re Newsweek cover article on Billy Graham:

"By the way, if you haven't seen Meacham's entire article, it's quite a read. It shows a mellower, less conservative evangelist than in years past. Unlike millions of other Baptists, Graham apparently no longer believes the Scriptures are inerrant. "I'm not a literalist [about the Bible] in that every jot and tittle is from the Lord," he says.

Link
http://spirituality.typepad.com/biblebelt/