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1986 Budget #96023

ABC Evening News for Sunday, May 12, 1985
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(Studio) Report introduced
REPORTER: Charles Gibson

(DC) Probable House reaction to 1986 budget recently approved by Senator examined. [Courtesy CBS, OMB director David STOCKMAN, Representative William GRAY - debate issue.] Representative Thomas O'Neill's assessment of House Democrats' position on freezing Social Security cost-of-living benefits mentioned. [Representative Trent LOTT - opposes Social Security freeze.] Possibility of House altering defense budget to accommodate Social Security considered. [American Enterprise Institution spokesperson Austin RANNEY - believes "Reagan revolution" has ended.]
REPORTER: Sheilah Kast

Gibson, Charles;
Kast, Sheilah

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