NBC Evening News for Sunday, Feb 05, 1989
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(Studio: Garrick Utley) Report introduced.
(DC: Irving R. Levine) Analysis of President Bush's budget plan featured; details given of what to expect in Bush's message to Congress this week re: taxes, capital gains taxes, defense spending, social programs, enterprise zones, oil and gas tax breaks and savings and loan crisis. [Senator Charles GRASSLEY - says Bush will give up claim to leadership if he changes view on taxes.] [Senator James SASSER - opposes excessive tax-cut measures.] [Pol. analyst William SCHNEIDER - comments on Bush's "kinder, gentler nation"] [Econ. Alice RIVLIN - doubts tax concessions will bring new businesses into inner city "enterprise zones."] [Pol. analyst Norman ORNSTEIN - comments on Bush's relationship with oil industry] Likely effect of changes in S&Ls on both these insts. and the depositors explained. [Econ. Irwin KELLNER - says honeymoons usually end with presentation of budget.] Rel. of Bush and Congress after budget is on table mentioned.
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