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Economy: Budget #113930

ABC Evening News for Thursday, Feb 18, 1988
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(Studio: Peter Jennings) Sending of 1989 budget by White House to Congress reported Report introduced.

(DC: Brit Hume) Congress mbrs.' response to new budget reported [Representative William GRAY - says there are some significant differences with regard to budget.] Items in budget open to debate outlined on screen. [REAGAN - says if Congress sends another huge modification of budget, "I will not sign it."] [Representative Thomas FOLEY - discusses budget.] Problem of shrinking tax revenues and rising deficits if economy falters detailed; Gramm-Rudman bill mentioned.

Reporter(s):
Hume, Brit;
Jennings, Peter
Duration:
00:02:10

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