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(Studio) Report introduced
REPORTER: Frank Reynolds
(DC) Senator Republicans said officially giving up on battle for latest budget proposal worked out with President Reagan; new Republican budget outlined on screen, discussed.
REPORTER: Brit Hume
(DC) Efforts of House Republicans to arrive at acceptable budget noted include mtg. today with OMB director David Stockman; role of "Boll Weevils" recalled. [Representative Phil GRAMM, Silvo CONTE - express differing interpretation of results.] Ideas presented by Representative David Obey, Gang of Ten, Representative Jim Jones noted championing differing budgets. [JONES - comments on problem faced by House]
REPORTER: Charles Gibson
- Gibson, Charles;
- Hume, Brit;
- Reynolds, Frank
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