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Budget Cuts / Social Security #277014

CBS Evening News for Tuesday, May 12, 1981
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(Studio) Reagan administration said officially disclosing proposed cuts in Social Security program.
REPORTER: Dan Rather

(DC) Admin.'s changes in plan outlined on screen, discussed. [Health and Human Services Secretary Richard SCHWEIKER - justifies cuts due to system's financial status.] [American Association of Retired Persons spokesperson James HACKING - criticizes proposals.] Reagan mentioned meeting with some govs. today; film shown. [Govs. James THOMPSON, Robert GRAHAM, Senator Russell LONG - criticize cuts.] Reason for rapid development of proposals explained.
REPORTER: Lesley Stahl

(Studio) Aides said acknowledging that President won't keep his commitment to either Social Security or budget deficit; Jimmy Carter mentioned.
REPORTER: Dan Rather

Reporter(s):
Rather, Dan;
Stahl, Lesley
Duration:
00:03:10

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