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Economy: Bush Budget / Interest Rates, Wholesale Prices, Stock Market #120506

ABC Evening News for Friday, Feb 10, 1989
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(Studio: Peter Jennings ) Econ. events on day after President Bush's budget address to Congress reported Report introduced.

(DC: Stephen Aug) Rise of prime rate, monthly wholesale price figs. reported; details given, scenes shown from Bush's speech. [BUSH - talks about econ.] [Econ. David JONES - discusses projected economy] [OMB director Richard DARMAN - discusses budget and interest rates.] [Today, BUSH - comments on inflation.] Likely response of Federal Reserve Bd. and its chairperson Alan Greenspan to economy figs. noted.

(Studio: Peter Jennings ) Stk. Mkt. Report Report introduced.

(DC: Sheilah Kast) Democrat criticism of Bush reported; scenes shown. [Senator James SASSER, Representative Leon PANETTA, Senator Pete DOMENICI - comment on Bush budget.] Areas of Democrats' criticism explained. [Representative Dan ROSTENKOWSKI - comments.] Likely negotiations between Congress and Bush mentioned.

Aug, Stephen;
Kast, Sheilah;
Jennings, Peter

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