ABC Evening News for Wednesday, May 12, 1982
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(Studio) President Reagan's efforts to promote latest budget plan with leaders of bus. community noted.
REPORTER: Frank Reynolds
(DC) President's purpose in business meeting today explained; films shown. [Morgan Stanley and Company president Robert BALDWIN, New York Stk. Exchange chairperson William BATTEN - explain their position.] [Representative Trent LOTT - comments on demagoguery of Claude Pepper and Jim Wright.] OMB director David Stockman said acknowledging need for changes in final budget plan; comments on deputy press secretary Larry Speakes noted.
REPORTER: Sam Donaldson
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