White House backs Stockman amid Atlantic Confidentiality Revelations
White House rallies around budget director David Stockman after Atlantic Monthly quotes him questioning Reaganomics and forecasting budgeting instability. Democrats say the admissions undermine Stockman’s credibility and Reagan’s tax cut plan. Stockman deflects, while lawmakers weigh political impact and accountability.
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Washington
White House
David A. Stockman
Congressional Democrats
Reagan
Stockman
Congress Works On Budget Plans
Washington AP reports that Congress pursues binding fiscal plans amid executive discord. Senate Republicans push for a three year budget balancing package with tax hikes and benefit cuts. House Republicans seek a Reagan aligned formula as leaders meet the president. Budget writers begin drafting a binding resolution while appropriations move to cover agencies lacking enacted funding by November 20. Reagan backs delaying tax and benefit moves to next year and questions 1984 balance prospects.
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Larry Speakes
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Washington Post
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Greider
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Salina
Syracuse
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Coxy
Nyton
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Genesee St
Fairmount
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Mili
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