Senate aims alternative budget amid Reagan openness
Senate Republicans seek a draft alternative to Reagan's deficit plan by next week. They believe the president may revise his stance as they press for lower interest rates, tax adjustments, and defense spending changes while studying a comprehensive plan. Domenici signals panel work the week of March 22.
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Mondale slams Reagan plan as economic catastrophe
Former vice president Mondale urged Congress to repeal the July 1 tax cut, shift it to January, and cut $10 billion from the military budget to end the recession. He called the administration's fiscal policy the most serious economic mistake in modern U.S. history and urged retreat from Camp David policies while criticizing social and environmental harms.
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