Search the Archive

Economy: Budget #319855

CBS Evening News for Thursday, Feb 18, 1988
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws.

(Studio: Dan Rather) President Reagan quoted regarding budget. Report introduced.

(DC: Phil Jones) Reception of President Reagan's '89 budget at Congress featured. [Senator Lawton CHILES - comments on budget.] [REAGAN - says wants to work with Congress] Budget illustration and discussed. Federal deficit during Reagan admin. illustration '87 budget summit recalled; scenes shown. [REAGAN - says budget doesn't increase taxes.] [Representative Dan ROSTENKOWSKI - comments on budget.] Elec. year factor mentioned. [Senator Ernest HOLLINGS - comments on election year] Elec. year reported keeping economy pessimism to a minimum.

(Studio: Dan Rather) Budget's defense spending and SDI/Star Wars provisions discussed. Report introduced.

(DC: David Martin) Budget deficit's impact upon United States naval forces discussed; details given, scenes shown. [Defense Secretary Frank CARLUCCI - comments on situation.] [Senator Sam NUNN - comments on budget and Carlucci's realism.] Naval size reported being reduced. [San Diego, California, mayor Maureen O'CONNOR - says reducing Naval forces will hurt San Diego's economy] Nevada's Nellis Air Force Base noted having to deactivate F-16 jet fighters because of budget cuts. [Representative James BILBRAY - says actions will harm Nevada economy] Mil.'s expansion hopes during Reagan administration noted being dashed by Carlucci. [CARLUCCI - comments on situation.] Congress reported now deciding issue.

Reporter(s):
Jones, Phil;
Martin, David;
Rather, Dan
Duration:
00:04:40

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.