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(Studio) Report introduced
REPORTER: Dan Rather
(DC) Reaction to President Reagan's proposed 1985 budget, which contains record deficits, examined. [OMB director David STOCKMAN - comments on expected response to plan.] Budget's proposal outlined on screen. [STOCKMAN - acknowledges possibility of higher deficit.] [Treasury Secretary Don. REGAN - criticizes Democratic leadership's lack of response to President's call for bipartisan meeting] [Representative James JONES - considers President's approach cosmetic.] Role of election-yearl politics considered.
REPORTER: Bill Plante
(Studio) Proposed 1985 budget allocations, especially for defense, examined; details outlined on screen. Cuts in various soc. programs listed, discussed. Congressional Budget Office noted predicting physicians will increase rates from Medicare patients if cuts stay in program.
REPORTER: Dan Rather
- Plante, Bill;
- Rather, Dan
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