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Economy: Budget Plans / Beverly Hills, California #329991

CBS Evening News for Saturday, Oct 13, 1990
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(Studio: Bob Schieffer) Need for compromise to end budget battle before government runs out of money again next week reported. Report introduced.

(Los Angeles: Ron Allen) Reaction in Beverly Hills, California, to threat of a proposed luxury tax featured; scenes shown from Rodeo Drive. [Jeweler Sid KLEIN, television host Robin LEACH - oppose luxury taxes.] [Representative Robert TORRICELLI, MAN - back tax.] Ramifications of a ten percent luxury tax examined. [Yacht builder John KNIGHT - says government will get more profit than him.]

Allen, Ron;
Schieffer, Bob

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