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Economy: Budget / Medicare #329919

CBS Evening News for Monday, Oct 01, 1990
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(Studio: Dan Rather) President Bush noted signing stopgap spending bill; budget deficit reduction compromise outlined on screen. Report introduced.

(Capitol Hill: Bob Schieffer) Chance of Congress passing budget package analyzed. [White House Chief of Staff John SUNUNU - comments optimistically.] [Representatives Newt GINGRICH, John MYERS, Dan BURTON - criticize plan.] More details outlined on screen. [Representative Olympia SNOWE - criticizes negotiation process.] [Senators Jim SASSER, John WARNER - comment on chance of passing plan.]

(New York: Wyatt Andrews) Bush reported interrupting United Nations schedule to begin budget-selling job; details given of Bush's achievements at negotiations. [BUSH - asks Congress for patriotism.] [OMB director Richard DARMAN - comments on taxes.] [BUSH - asks Federal Reserve Board to lower interest rates.]

(Studio: Dan Rather) Report introduced.

(No location given: Susan Spencer) Elderly objection to cuts in Medicare examined; cuts outlined on screen. [Ruby TOLTIN, Representative Henry WAXMAN, Families USA Ron POLLACK, Save Our Security Coalition chairman Arthur FLEMING, American Medical Association Dr. James TODD - comment.] Plan noted placing heavier burden on wealthy Medicare recipients; catastrophic health care debacle recalled.

Reporter(s):
Andrews, Wyatt;
Rather, Dan;
Schieffer, Bob;
Spencer, Susan
Duration:
00:08:10

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