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Economy: Reagan #106051

ABC Evening News for Thursday, Oct 22, 1987
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(Studio: Peter Jennings) Upcoming press conference with President Reagan announced. Report introduced.

(DC: Sam Donaldson) Reagan's conciliatory statement on deficit and budget reported Congress Democrats' demands for face to face meeting with Reagan about budget compromise noted; Reagan's response outlined on screen. White House chief of staff Howard Baker noted admitting Reagan may have to accept higher taxes. [Senator Robert DOLE, Representative William GRAY - note Reagan's willingness to negotiate.] [Senator Pete DOMENICI - says there is room for added revenues.] Last Reagan press conference noted occurred on Mar. 19. Topics of press conference predicted.

(Studio: Peter Jennings , Sam Donaldson) Issue of President's likely handling of press conference discussed. Necessity of Reagan's clear explanations on economy and his willingness to negotiate economy issues, include taxes, noted.

(Studio: Peter Jennings) Live coverage of press conference announced.

Donaldson, Sam;
Jennings, Peter

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