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Tax Cut #517045

NBC Evening News for Thursday, May 28, 1981
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(Studio) President Reagan's proposed tax cut plan said in trouble; details given.
REPORTER: John Chancellor

(Studio) Apparent failure of Democrats and Republicans to reach compromise noted.
REPORTER: Roger Mudd

(DC) Speaker Thomas O'Neill's remarks on issue and efforts of Representative Dan Rostenkowski to determine House Ways and Means Committee's stance on issue reported [ROSTENKOWSKI - notes consensus of committee Democrats] [Representative Robert MICHEL - wonders if there's a considerable defection; mentions Kemp-Roth.] Rostenkowski reported continuing discussions with administration
REPORTER: Carole Simpson

(Studio) President's press spokesperson quoted with regard to President's tax cut plan.
REPORTER: Roger Mudd

(DC) Reaction of White House aides to House Democrats' decision outlined; Reagan's defense of economy proposals cited. [REAGAN - doesn't consider Wall Street a source of good economy advice.] Apparent changes in President's approach to compromise described.
REPORTER: Judy Woodruff

Chancellor, John;
Mudd, Roger;
Simpson, Carole;
Woodruff, Judy

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