Reagan vows steadfast budget cuts to balance the deficit
President Reagan plans a new round of budget cuts and a 16.3 billion package for fiscal 1982 while insisting on no retreat from the tax cut. Treasury Secretary Regan told Congress the administration will pursue further non defense reductions to bring the deficit down to 42.5 billion for 1982 and aim for budget balance by 1984. A Washington Post ABC poll shows 47 percent think cuts go too far, 30 percent say just right, 19 percent not far enough.
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Washington
Reagan
Congress
Treasury
Donald T. Regan
House Budget Committee
Regan
White House Rose Garden
Capitol Hill
White House
Larry Speakes
Washington Post-Abc News
Major networks to carry speech on economy
President Reagan's economy addresses will be broadcast by ABC CBS and NBC. CBS noted a Democratic response request and pledged time for opposing views, while NBC and ABC confirmed airing the speech. Time set for 9 p.m. Eastern.
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New York
Reagan
ABC
CBS
NBC
Marsha Stein
Ron Najman
Senate split over defense cuts and budget balance
Senators on the Budget Committee clash over alternatives to balance the budget. Sen Ernest Hollings of South Carolina rejects relying on defense cuts and notes a closed meeting with Defense Secretary Caspar Weinberger. Weinberger backs a 13 billion dollar cut from earlier proposed defense spending increases over three years.
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Ernest Hollings
Ds.c
Defense
Caspar W. Weinberger
Weinberger
Kleindienst Acquitted Of Perjury In Arizona Trial
Former U S Attorney General Richard Kleindienst sobbed as jurors found him innocent on all 12 perjury counts. The verdict ended a case tied to testimony at Arizona disciplinary hearings about his 1976 work for Joseph Hauser’s insurance scheme.
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Phoenix, Ariz
U.S
Richard Kleindienst
Margaret Kleindienst
Kleindienst
State Bar of Arizona
Bar
Joseph Hauser
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