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Campaign '88 / Budget Deficit #559429

NBC Evening News for Wednesday, Oct 26, 1988
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(Studio: Tom Brokaw) Report introduced.

(NYC: Mike Jensen) Newborn Peter Manera reported already owing thousands as his share of budget deficit. [Mother JoAnne MANERA - comments on budget deficit.] Int. on national debt and deficit discussed. NBC News-"Wall Street Journal" poll results with regard to deficit illustration Cands. noted not specifically addressing deficit issue. [Vice President George BUSH - says he'd introduced flexible spending freeze without raising taxes.] [Michael DUKAKIS - comments on tax evaders.] [In 1984, Walter MONDALE -says he'd raise taxes.] Federal deficit illus. [Bear, Stearns and Company spokesperson Lawrence KUDLOW - comments on situation.] [Princeton Univ. economy Richard NATHAN - says deficit will increase with recession.] Impact of recession upon economy discussed; Japanese investors mentioned.

Brokaw, Tom;
Jensen, Mike

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