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Economy: Bush, Stock Market, Dollar Valuation, Transition #559703

NBC Evening News for Monday, Nov 14, 1988
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(Studio: Tom Brokaw) Signal from President-elect George Bush that deficit problem will have top priority in his administration noted.; Stk. Mkt. Report, dollar valuation against Japanese yen outlined on screen. Report introduced.

(DC: Andrea Mitchell) Stmts. by Bush about economy reported; scenes shown of Bush on vacation in Florida. [BUSH - says he will continue existing economy policies.] Wall Street's concern over Bush's no new taxes policy explained. [Senator Dan. Patrick MOYNIHAN -calls for serious commitment by Congress and new president on deficit problem.] [Bush transition co-chairperson Craig FULLER - says it's premature to think there will be policy changes.] Likely reappointed of Treasury Secretary Nicholas Brady, appts. of Richard Darman (OMB) and Michael Boskin (Council of Econ. Advrs.) noted. Bush shown fishing in Florida. [Senator Lloyd BENTSEN - says taxes have to be considered.]

Brokaw, Tom;
Mitchell, Andrea

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