ABC Evening News for Thursday, Dec 18, 1980
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(Studio) Edwin Meese quoted with regard to Reagan plan for declaring national economy emergency. New head of OMB profiled.
REPORTER: Frank Reynolds
(DC) David Stockman featured. Stockman's career described. Details of Stockman plan for cutting spending; removing regulations on business, include oil and gas controls; and tax cuts given. Reductions in federal domestic spending said part of Plan. Supply-side econs. said principle. Success said questionable.
REPORTER: Michael Connor
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