A new algorithm for modeling charged-particle transport in a fully ionized plasma is presented. A standard multigroup discretization of the Fokker-Planck-Boltzmann equation is transport-corrected to implicitly include the anisotropic effects of both coulomb scattering and nuclear reactions. This allows the subsequent application of the Levermore flux-limited diffusion theory, which was originally developed for isotropic radiative transfer calculations. A finite differencing of the resulting spatial transport operator is constructed so as to yield centered and upwinded operators in the diffusion and free-streaming limits, respectively. The time integration is performed by the general purpose ordinary differential equation solver TORANAGA. This approach results in a highly vectorizable algorithm that has been implemented on the CRAY-1. Some numerical results are presented that compare this algorithm to the corresponding, but far more expensive, Monte Carlo calculations.