CBS Evening News for Monday, Jul 16, 1990
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(Studio: Dan Rather) Report introduced.
(White House: Lesley Stahl) President Bush and advisers reported confirming next year's budget deficit will be bigger than estimated; deficit figures and mandated spending cuts illustrated on screen; savings and loan scandal cost noted. [OMB director Richard DARMAN - details implications if budget negotiations fail.] [Treasury Secretary Nicholas BRADY, Representative Larry CRAIG, Senator Jim SASSER - comment.] Tax increase issue mentioned.
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