NBC Evening News for Saturday, Dec 01, 1984
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(Studio) Treasury Secretary Don. Regan, in CNN interview, reported claiming tax reform should take back seat to deficit reduction moves.
REPORTER: Connie Chung
(DC) Econ. dilemma faced by Reagan administration in effort to reduce growing fed. deficit explained, discussed. [Charles ZARUBA - notes unemployment benefits are his only source of income.] [Commerce Secretary Malcolm BALDRIGE - denies danger of recession despite economy's slowdown.] Leading economy indicators noted forecasting the opposite; related statistics outlined on screen. [Econ. Walter HELLER - believes tax increase is necessary to lower deficit.] [Former budget director Charles SHULTZE - dismisses need for higher unemployment; explains.]
REPORTER: Irving R. Levine
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