Search the Archive

Economy: Budget #572030

NBC Evening News for Friday, Oct 26, 1990
View other clips in this broadcast →

Material supplied by VTNA may be used for educational analysis or research only. Any editing, reproduction, publication, rebroadcast, public showing or public display may be prohibited by copyright laws. For any such use, please visit NBC NEWS Archives XPRESS.

(Studio: Jane Pauley) Report introduced.

(Irvine, California: John Cochran) Another day involving the budget deal featured; scenes shown of President Bush on the campaign trail in Irvine, California. [BUSH - says it will be best budget deal possible.] [White House Chief of Staff John SUNUNU - talks about reduction package.] Negotiations between Congress and president's representatives reviewed; scenes shown from Capitol Hill. [In Los Angeles, BUSH - speaks about budget.] [Representative Robert MICHEL - comments.]

(Studio: Jane Pauley) Report introduced.

(Washington: Irving R. Levine) Treasury Department figures on the deficit examined; deficit numbers outlined on screen. [Congressional Budget Office Robert REISCHAUER - talks about budget and deficits.] Likely impact of new taxes on economy cited. [American University Thomas DIBACCO - compares raising of taxes by President Herbert Hoover in 1930's and by Bush now.] Deceptive nature of Gramm-Rudman Law explained.

(Studio: Jane Pauley) Update given on plight of National Equity Fund, program in which corporations get tax credits for building low- income housing that was discussed in Tuesday's What Works report.

Reporter(s):
Levine, Irving R.;
Cochran, John;
Pauley, Jane
Duration:
00:04:30

Note to sponsor members: The Vanderbilt Television News Archive video player requires a modern operating system and browser to work properly. If you are experiencing playback problems, check the minimum requirements and adjust your setup accordingly. After adjustments, if you continue to experience problems, please contact us.

Welcome! Above is the abstract of the item that you're interested in viewing from the Vanderbilt Television News Archive's collection. You have three options if you'd like to view this item:

  • You may request a loan of this video by registering on our website and placing an order.
  • You may visit the Television News Archive on the Vanderbilt campus to view on-site from the Archive's collection.
  • If you are associated with a college or university, you may ask your library if they would like to become a sponsor, which would give students and faculty at your institution the ability to view items from our collection.

If you believe that you are associated with a sponsoring college or university and have received this message in error, please let us know.