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(Studio) Report introduced
REPORTER: Peter Jennings
(DC) Congress's effort to reach compromise on federal deficit reduction and impact of continued debate on federal employees explained, discussed. [Representative Thomas O'NEILL - thinks Republican plan gives President power outside Constitution.] [Senator Phil GRAMM - won't honor O'Neill's request that issue be delayed several weeks.] Treasury Department's warning with regard to debt ceiling and federal paychecks noted. [Senator Robert BYRD - expects to reach agreement.]
REPORTER: Brit Hume
- Hume, Brit;
- Jennings, Peter
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