ABC Evening News for Sunday, Nov 15, 1987
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(Studio: Sam Donaldson) Failure of attempt to include Social Security cuts in new budget agreement reported Gramm-Rudman law mentioned. Report introduced.
(DC: Kenneth Walker) Refusal of President Reagan to relent on protecting Social Security from budget cuts reported [October 22, REAGAN - says everything is on table for negotiation except Social Security] Republicans' response to Reagan's position noted. [On "This Wk.", Senator Pete DOMENICI - wonders if leadership will allow rules to be changed.] [Representatives Trent LOTT, Dan ROSTENKOWSKI, Bob MICHEL - say cutting Social Security is politically impossible.] Difficulty in setting up budget package without Social Security cuts noted. [Ex-Secretary Treasury William SIMON - says can't get budget under control without entitlements.] [MICHEL - says there will not be unanimous vote on agreement.] Necessity of reaching agreement on budget cuts if economy is to be influenced reiterated.
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