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Economy: Budget / Reagan-Cong. #553952

NBC Evening News for Wednesday, Nov 04, 1987
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(Studio: Tom Brokaw) Report introduced.

(DC: John Dancy) Pressure on budget summit negotiations mentioned. [Representative William GRAY III - discusses need for an agreement.] Budget deficit reduction plan graphically shown. White House negotiators said not making concessions. [President REAGAN - says the Democrats are looking for an excuse for why the deficit was created.] [Senator Robert DOLE - says President Reagan should get everyone together.] [REAGAN - says he wants a deal more than anyone.] Pols. of situation discussed. Agreement said should come soon.

(Rochester, New York: Bob Kur) Various people's opinions regarding budget summit featured. [FARMER - says he would live with a small tax increase if he could see response in DC.] Farmers said not wanting their programs cut. [Representative Bob McEWEN - discusses farmers' situation.] [WOMAN - says cut everything but the elderly, veteran and children's programs.] [Representative Louise SLAUGHTER - says there has been an unreasonableness on all sides.] [MAN - says Social Security can be cut.] [MAN - says cut everything by 10%.] [Teacher Bill WILLIAMS - says President Reagan needs to tell people what they need to hear and not what they want to hear.] DC's responsibility to produce a fair plan noted.

Brokaw, Tom;
Dancy, John;
Kur, Bob

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