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Budget Cuts #275363

CBS Evening News for Thursday, Feb 12, 1981
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(Studio) Press Secretary James Brady's assessment of President Reagan's success in convincing cabinet members of need to cut budget quoted.
REPORTER: Walter Cronkite

(DC) Reagan's announcement of release of audit of United States economy outlined. [REAGAN - comments.] Audit quoted on screen; Council of Econ. Advisers chairperson Murray Weidenbaum's perception of situation detailed.
REPORTER: Bill Plante

(Studio) Defense Department said expected to get increase in its budget.
REPORTER: Walter Cronkite

(DC) Possibility that Reagan administration will call for change in military's policy of encouraging reenlistments due to expense of retirement program discussed; details of proposed changes given.
REPORTER: Bob Schieffer

Cronkite, Walter;
Plante, Bill;
Schieffer, Bob

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