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Bush / Transition / Economy #559840

NBC Evening News for Monday, Nov 21, 1988
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(Studio: Tom Brokaw) Report introduced.

(DC: Andrea Mitchell) President-elect George Bush shown meeting with Gerald Ford and Jimmy Carter. Ford and Carter's budget recommendations outlined on screen. [FORD, CARTER - urge moderate taxation.] General Accounting Office budget deficit report quoted on screen. [General Accounting Office Comptroller General Charles BOWSHER - comments.] [Richard NIXON - defends Bush's deficit program.] Bush noted appointing Richard Darman as his budget director [BUSH -says he won't raise taxes.] [DARMAN - comments on cutting spending programs other than Social Security] Bush aides quoted.

(Studio: Tom Brokaw; DC: John Dancy) Budget illustration and discussed. Bush noted asking Congress to cut entitlement programs; details given.

(Studio: Tom Brokaw) Bush noted also retaining Educ. Secretary Lauro Cavazos and Attorney General Richard Thornburgh.

Brokaw, Tom;
Mitchell, Andrea

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