Republicans and Democrats search for ways to cut the budget
Up to Capitol Hill last week went Treasury Secretary Donald Regan to defend his President's red-ink budget. Regan soon learned the feelings of his own party. "Last year I was on your ship," said Senator John C. Danforth of Missouri. "But this year I'm on the dock waving bon voyage." And Danforth gave a small wave to Regan.
Rarely has a presidential budget run into such swift and strong resistance from members of the Chief Executive's own party. "Virtually everyone is unhappy," admitted Republican Representative...
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