ABC Evening News for Friday, Nov 20, 1987
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(Studio: Peter Jennings) [Representative Thomas FOLEY - says reducing budget a necessity.] [Chief economy Bears Stearns Lawrence KUDLOW - predicts President Reagan will sign Gramm-Rudman law allowing for budget reduction even if budget agreement does not go into effect; calls package constructive event.] [FOLEY - predicts reaction by market if budget agreement breaks down; says intention is to carry out this agreement.]
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