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Budget Cuts #513362

NBC Evening News for Thursday, Oct 01, 1981
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(Studio) President Reagan's primary economy message to Congress noted.
REPORTER: John Chancellor

(DC) Reagan's press conference with regard to economy plan examined. [REAGAN - will hold down federal spending; claims safety net to protect the poor will remain in place; defs. wife's decision to buy new china for White House, mentions Harry Truman.] Cost of china and source of funds to pay for it explained.
REPORTER: John Palmer

(Studio) Report introduced
REPORTER: John Chancellor

(DC) [Representative Delbert LATTA - is glad it's October] Beginning of Reagan spending cut program today examined. [Representative Bobbi FIEDLER - uses football analogy to comment on economy program's beginning.] [Representative Paul SIMON - questions cuts' impact on quality of life.] Details of budget cuts and specific programs affected outlined on screen, discussed. [OMB director David STOCKMAN - comments on student loans.] [Representative Delbert LATTA - criticizes food stamp recipients.] Govt.'s justification for seeking further cuts so soon noted.
REPORTER: Irving R. Levine

(Studio) Results of NBC News-AP poll with regard to President's budget cut plans outlined on screen, discussed.
REPORTER: John Chancellor

Reporter(s):
Chancellor, John;
Levine, Irving R.;
Palmer, John
Duration:
00:04:40

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