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State of The Union Address / Bush's Troop Reduction Plan / Defense Industry #329808

CBS Evening News for Wednesday, Jan 31, 1990
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(Moscow: Dan Rather) Report introduced.

(Washington: Lesley Stahl) President Bush reported phoning President Mikhail Gorbachev and apprising him of troop reduction proposals he plans to make during the State of the Union address; details given of Bush plan; scenes shown. [Senator Sam NUNN - says Bush initiative will benefit Gorbachev.] Bush's budget discussed. [Senator Jim SASSER - criticizes budget.] British Prime Minister Margaret Thatcher reported disapproving of Bush's troop reduction plan.

(Washington: David Martin) Impact of Bush's proposed troop reductions and Pentagon's plan to cut down on spending upon defense industry examined; details given; scenes shown. [Defense industry attorney Herbert FENSTER, former Navy Secretary John LEHMAN - comment on layoffs resulting from diminishing arms race with Soviets.] Competition between companies for defense contracts reported increasing. [Defense employee Tim BUTRAN - says he needs work.] [Defense industry analyst Jacques GANSLER - explains financial losses suffered by defense contractors.]

Reporter(s):
Martin, David;
Rather, Dan;
Stahl, Lesley
Duration:
00:04:20

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