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(Studio: Dan Rather) Stmt. by President Reagan about his failure to balance budget noted. Report introduced.
(Gulf Stream, Florida: Jacqueline Adams) Stmts. from Bush about economy featured; scenes shown from his Florida vacation. [BUSH - says he will continue existing economy policies.] Efforts to quell nervousness about future of dollar noted. [Bush transition co-chairperson Craig FULLER - says it's premature to think there will be policy changes.] [BUSH - comments on urgency of budget.] Likely reappointed of Treasury Secretary Nicholas Brady and appointed of James Baker as Secretary of State noted. [BUSH - talks about Baker.] [Econ. Robert HORMATS - says stock market will look at Bush's handling of budget problems.] Bush shown fishing in Florida. [Voice of BUSH - comments on problems he faces.] Bush's dinner with likely chief of staff Governor John Sununu mentioned.
- Adams, Jacqueline;
- Rather, Dan
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