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Money Matters: Stock Market, Budget Summit, Social Security #106533

ABC Evening News for Monday, Nov 02, 1987
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(Studio: Peter Jennings) Stk. Mkt. Report Mtg. of White House and Congress representatives at budget summit reported Report introduced.

(DC: Sheilah Kast) Report of possible cuts in Social Security despite denials by White House chief of staff Howard Baker reported; details given, scenes shown. [Representative Thomas FOLEY - says budget summit not deadlocked.] Tenets of deficit reduction package, include discretionary budget and entitlement programs, discussed on screen. Issues of higher revenues through tax increase mentioned. Congress noted unlikely to make deep cuts domestically.

Reporter(s):
Jennings, Peter;
Kast, Sheilah
Duration:
00:02:10

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