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Tax Cuts #72846

ABC Evening News for Sunday, Jul 26, 1981
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(Studio) President Reagan reported continuing lobbying efforts for his tax cut plan with picnic for south Democrats at Camp David.
REPORTER: Sam Donaldson

(DC) Importance of south Democrats in President's tax fight noted; film shown. [Treasury Secretary Don. REGAN - says administration wants to be sure of vote.] [Representatives Glenn ENGLISH, Richard SHELBY, Kent HANCE - comment on affair.] President's ntl. address tomorrow examined.
REPORTER: Bill Greenwood

(Studio) Report introduced
REPORTER: Sam Donaldson

(DC) Continuing battle between Republicans and Democrats over their respective tax cut bills examined; background to situation recalled. [Representatives Morris UDALL, David OBEY - criticize contest.] Special interest groups benefiting from each tax cut plan discussed; details outlined on screen. [July 14, REAGAN - criticizes Democrat's tax break for commodity speculators.] Same loophole noted now in Reagan's legislature; specific interest groups benefiting from each party's version of tax cut bill listed, discussed. [Representative James JEFFORDS - comments on "Jeffords" amendment.] Wednesday's vote in House noted too close to call.
REPORTER: Charles Gibson

Reporter(s):
Donaldson, Sam;
Gibson, Charles;
Greenwood, Bill
Duration:
00:04:30

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