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Carter / Budget #47393

ABC Evening News for Tuesday, Feb 22, 1977
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(Studio) President Carter signs proposals for budget revisions to be sent to Congress today.
REPORTER: Harry Reasoner

(DC) 1 cut is in defense budget, with slower missile development, fewer B-1's and F-15's built. [OMB director Bert LANCE - says progress made in defense arts but can't all be done in 4 weeks] Revisions in social programs, public service and energy noted.
REPORTER: Dan Cordtz

(Studio) Reactions in Congress to budget revisions cited. Comments of House speaker Tip O'Neill with regard to budget, and of Senator Armed Services Committee ranking Republican, Senator John Tower, with regard to defense cuts noted. Larger than anticipated 1977 deficit noted also.
REPORTER: Harry Reasoner

Reporter(s):
Cordtz, Dan;
Reasoner, Harry
Duration:
00:03:10

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