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Economy: Budget / Reagan-Cong. #106732

ABC Evening News for Wednesday, Nov 04, 1987
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(Studio: Peter Jennings) Report introduced.

(DC: Brit Hume) Growing of partisan tension during negotiations on budget between representatives of Congress and White House rptd; details given, scenes shown. Gramm-Rudman law mentioned. [Representative Trent LOTT - criticizes Democrats' attacks on President Reagan's inflexibility.] [REAGAN - blames Democrats for deficits.] [Senator Pete DOMENICI - tells Senator Banking Committee there is hope.] Senator Robert Dole's advice noted. [Senator Alan CRANSTON - says Congress must face fiscal reality if Reagan will not.] Automatic spending cuts noted to go into effect if compromise not reached.

Hume, Brit;
Jennings, Peter

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