Search the Archive

Decision 1984 / Federal Deficit #534110

NBC Evening News for Thursday, Oct 25, 1984
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws. For any such use, please visit NBC NEWS Archives XPRESS.

(Studio) Fiscal 1984 federal budget deficit said second largest in history; President Reagan's 1980 campaign promise to balance budget recalled. Deficit's apparent lack of impact on Reagan's reelec. efforts noted.
REPORTER: Tom Brokaw

(DC) Implications of record deficit for nation examined. [Former Commerce Secretary Peter PETERSON - explains economy impact on country.] National debt since Reagan inauguration, per person as well, outlined on screen, detailed. [Econ. Charles SHULTZE - predicts percentage of personal income tax targeted for interest payments on national debt.] Possibility of new recession by 1985-86 considered.
REPORTER: Irving R. Levine

(Studio) [Chase Econometrics chairperson Lawrence CHIMERINE - explains relationship between deficit, interest rates, consumer concerns, fallaciousness of government projection.]
REPORTER: Tom Brokaw

Reporter(s):
Brokaw, Tom;
Levine, Irving R.
Duration:
00:04:30

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.