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Economy: Taxes / Bush #559686

NBC Evening News for Saturday, Nov 12, 1988
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(Studio: Connie Chung) Report introduced.

(DC: Irving R. Levine) Issue of whether or not President-elect George Bush will be able to keep from raising taxes as pledged during campaign reported [BUSH - says "no new taxes."] [Representative Dan ROSTENKOWSKI, Senator Robert DOLE - talk about taxes.] [November 3, 1988, on "Today", BUSH - calls for flexible freeze on spending to deal with deficit.] Flexible freeze plan outlined on screen. [Ex-budget director Alice RIVLIN - discusses inflation and government spending using Medicare as example] Bipartisan Congress budget commission recalled. [Econ. Barry BOSWORTH - comments.] Prospects that Bush will have to reverse himself mentioned. [American Enterprise Institution William SCHNEIDER - says some form of taxes likely.] [BUSH - responds to question about revenue enhancement.] Possibility of calling tax by another name explained.

Chung, Connie;
Levine, Irving R.

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